Goods and Services Tax
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Representation Regarding Upgrades on Karnataka Professional Tax Website
No Routine Arrests on Mere Allegation Under GST; HC Grants Interim Bail
डीआरसी 03 अपडेट और नई रिटर्न जीएसटी 01 ए की समीक्षा
Govt may introduce New form GSTR-1A to allow amendment of GSTR-1
Arbitrary extension of limitation period for issuance of SCNs under GST – A bad precedent?
Section 161 GST: Rectification of errors apparent on the face of record
Rectification of Order Under GST – Choice or A Chance? Apparent Choice Seldom Used
GST on Services to THDC: No Liability under RCM; Exemption under Govt Authority Category
RCM Applicability for Uttarakhand Peyjal & THDC Services
False declaration & question already under scrutiny: Advance ruling application inadmissible
Nil GST on Storage or Warehousing of cereals, pulses, fruits & vegetables: AAR Uttarakhand
GST applicable on Liquidated Damages recovered from vendors: AAR Uttarakhand
18 Major Challenges Faced by GST Taxpayers: Suggestions for Improvement
GST Registration Restoration Ordered Due to Lack of Opportunity to Be Heard
Goods and Services Tax India
The Goods and Services Tax or better known as GST is a Value added Tax and is a comprehensive indirect tax which is levied on the manufacture, consumption, and sale of goods and services. The Goods and Services Tax in India would replace all the indirect taxes which are levied today on goods and services by the Central and the State governments. GST is intended to be comprehensive for most of the goods and services. Goods and Services Tax is a single indirect tax for the entire nation, which would make India a unified market. It is proposed to be a single tax on supply of goods and services, from a manufacturer to the end consumer. The credit of all the input taxes which are paid at each and every stage would be allowed in the following stages of value addition that makes GST basically a tax on value addition only at every stage. The end consumer would have to bear only the Goods and Service Tax which is charged by the final dealer within the supply chain, together with all the set-off benefits availed at previous stages.
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