Goods and Services Tax
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AP HC Sets Aside GST Assessment Orders as They Lacked Signature & DIN
AP HC Sets Aside GST Assessment Order as DIN Number Was Missing
Patna HC Dismisses GST Writ as Taxpayer Paid Penalty Without Protest & Skipped Appeal Remedy
Accounting and Tax Treatment of Diesel in Construction Industry
No Personal Hearing, No Valid Dismissal: Karnataka HC Sets Aside Removal of Central Tax Officer
CA Certificate Format for Non-Requirement of GST Registration for Securities Trading
Paradox of Permanence: Telecom Towers ‘Bolted To Ground’ Still Means Movable for GST
GST on Ocean Freight Set Aside Due to Double Taxation on CIF Import Transactions
GSTAT Upholds Anti-Profiteering Demand as ITC Benefit Was Not Passed to Homebuyers
Transit-State GST Officers Cannot Detain Goods as Inter-State IGST Transactions not in Their Jurisdiction
GST Refund on Cotton Seed Oil Cake Allowed as it Qualifies as Exempt Cattle Feed
Karnataka HC Orders Release of Goods After Compliance With 200% GST Penalty Order
Kerala HC Upholds GST Detention as Vehicle Was Moving Opposite to Declared Destination
TTD Qualifies as Governmental Entity for GST Notification Purposes: AP HC
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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