Goods and Services Tax
Log in to FollowGoods and Services Tax India: Read all latest GST news, articles, notification, circulars, case laws news on, MVAT DVAT PVAT GST GSTN IGST CGST GST Council GST Rates SGST GST Forms GST Rules.

Challenges of Fiscal Federalism and Central Tax Distribution in India

Maharashtra VAT Act Amendment 2024: Relief for Late Filers

Maharashtra Finance Dept Waives Late Fees for Profession Tax Payers

MVAT Territorial Jurisdiction of Joint Commissioner of Sales Tax (Nodal-1), Pune

Madras HC Grants Conditional Stay with Opportunity in GST Dispute Case

Treatment of GST dues of taxpayers for whom proceeding been finalised under IBC, 2016

GST Compensation Cess: Analysing Compensation to States

Late fees for belated GSTR 9C cannot be levied if filed before commencement of amnesty

Delhi HC Orders Canara Bank to Vacate Attachment on Assessee’s Cash Credit under GST

GST Appeal cannot be rejected for non/delayed submission of certified copy of uploaded order

Whether ITC is eligible on employee gratuity insurance?

Bombay HC set aside Rs. 3731 Crore GST Penalty Demand from employees

India’s GST: Objectives, Types, Impact, Implementation & Benefits

GST Refund Challenges for Exporters- Rule 89(4) & 89(4B): Insights from Filatex Case
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.
At Taxguru, we provide all the latest GST news to our viewers. Our group of expert keep a close check on all the latest developments and provide a comprehensive analysis on GST updates. We keep updating our portal with articles on GST for the enlightening our readers. Bookmark us for all the GST articles and much more on GST.
