Goods and Services Tax
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GST Section 129 penalty proceedings cannot ensue from godown search & seizure
GST order lacking consideration of petitioner’s detailed reply is unsustainable: Delhi HC
GST Year end Check List
कंपनी एवं डाइरेक्टर के बीच व्यवहार पर जीएसटी प्रावधान
Delhi HC restores GST registration citing lack of reasons for retrospective cancellation
ITC reversal and bank attachment: Madras HC Orders Reassessment
Instructions on Goa (Recovery of Arrears of Tax, Interest, Penalty, Other Dues through Settlement) Act, 2023
Procedure for Rajasthan Amnesty Scheme-2024
Directors Liable If Company Fails to pay tax under Kerala VAT: Kerala HC
Bombay HC allows rectification of bonafide error in filing of Form GSTR-1
No Penalty for Non-Filing of Part-B of E-Way Bill Without Tax Evasion Intent: Allahabad HC
GST registration cannot be cancelled without proper reasoning: Delhi HC
GST registration cannot be cancelled retrospectively without specific reasons
Medical Reasons Valid for condoning Appeal Delay: Madras 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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