Goods and Services Tax
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Kerala HC Orders GST Portal Reopen for Tax Filing
Is GST gamechanger for MMSEs?
GST on Composite Supply for Agriculture, forestry, fishing & animal husbandry Support Services
New GST Regulations for Online Gaming: What You Need to Know!
Advisory on GSTR-1/IFF: New Tables 14 and 15
GST: No 100% Penalty for Show Cause Notices Issued Under Section 73
Notice to be served via Alternate Communication Methods if Assessee Ignores Email
‘Crackle’ with Sugar, Cashew Nuts, and Flavours as Sugar Boiled Confectionery classifiable under Tariff Heading 1704
No GST on supplies to Department for Women, Children, Disabled & Senior Citizens through HACA
Advisory: Enhanced E-Invoicing Initiatives & Enhanced Portal Launch
Mangala Borosan & Mangala G1 classifiable under Chapter Heading 28332990
GST applicable on brokerage of agricultural produce & Broker liable to Register
GST Council Newsletter for the month of January 2024
GST Advance ruling Application rejected as applicant failed to raise any question
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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