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.
No Law Mandates Stock Retention for GST Registration
E-way bill Expiry: Slow movement of truck due to mechanical fault -HC Quashes Penalty
Section 5 of Limitation Act applies to Section 31 of VAT Act: Allahabad HC
Allahabad HC Dismisses GST Writ Petition for Suppression of Material Facts
Kerala HC Dismisses Review Petition for Tax Exemption on Bar Attached Hotels
GST Exemption Eligibility for Ticket Charges at Agricultural Exhibitions
Educational Courses by Additional Skill Acquisition Programme Kerala Not Exempted from GST
ITC on Pump Leasing – Proportionate Eligibility: GST AAR Kerala Ruling
GST Exemption for Passenger Bus Rental Services to KSRTC by Maha Voyage LLP
ITC Ineligibility for Blocked Credits under Section 17(5)(c): Kerala GST AAR Ruling
GST Rates for Government Works Contracts: 12% till 31/12/2021, 18% from 01/01/2022
GST Exemption for Solar Power Electricity: YIS Power Solutions Ruling
GST Rates for Outboard Motor Engines and Spare Parts for Fishing Vessels
GST Rates for Affordable & Other Residential Construction Services: Kerala AAR
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.
