Goods and Services Tax
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GST on Exported Processed Frozen Shrimps: Packaging Considerations
Balat Enterprises Liable to Pay GST on Services Provided Through Its Vyayshay App
GST Council Newsletter For April 2024
Ex-Parte Orders Without Considering Taxpayer’s Reply Liable for Set-Aside: Delhi HC
GST on Sale of Second-hand Goods
वस्तु एंड सेवा कर का राजनैतिक सफर और आजादी के बाद का सबसे बडे टैक्स सुधार की जरुरत
Non Consideration Of Detailed Reply By GST Proper Officer: HC directs re-adjudication
Proper Officer has to mandatorily disclose reasons for rejection of GST Refund
HC grants stay on Demand Order wherein Validity of Extension Notifications Under section 168A of CGST Act, Challenged
Blocked Input Tax Credit (ITC) in GST under section 17(5)
West Bengal Extends Profession Tax Return Deadlines
GST order uploaded in wrong section of Website: Calcutta HC allows Appeal filing
Assessee providing services of ‘Marketing/Recruitment/Referral Consultant’ do not qualify as Intermediary
Input Tax Credit not admissible on Rotary Parking System: AAR Tamilnadu
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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