Goods and Services Tax
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Madras HC Directs GST Dept to Dispose of Rectification Petition | Roshan Fruits Case
Delhi HC Modifies Retrospective Cancellation of GST Registration
जीएसटी अपीलीय न्यायाधिकरण (GSTAT) में अध्यक्ष नियुक्त किया गया
Impact of phrase “Inter Alia” on CGST Act Section 129 Penalties
Whether there is any time limit for reavailment of credit (ITC)?
Procedural Fairness Prevails: Kerala HC Remands Tax Assessment in Teena Jacob vs. State Tax Officer
Delhi HC Quashes GST Registration Cancellation: No Personal Hearing Mentioned
Order Passed Same Day as Show Cause Notice Lacks Natural Justice: Madras HC
P&H HC Stays Corporate Guarantee Proceedings: CBIC Asked to Respond
Operationalisation of GST Appellate Tribunal – Impact of appointment of its President
Input Tax Credit under GST – Important Points
Exclude GST Order Signing & Pronouncement Days from Limitation Calculation: Delhi HC
Provisional Attachment under GST Beyond 1 Year Invalid: Allahabad HC
Nirmala Sitharaman Swears in Sanjaya Kumar Mishra as GSTAT President
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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