Goods and Services Tax
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ITC demand confirmed without petitioner being heard: HC set aside the order
Kerala HC Dismisses Lukose K.C.’s Appeal Against KGST Assessment
Delhi HC directs 5% IGST rate on Dialysis Machine Imports
Delhi HC Modifies Order as No Opportunity Given for GST Registration Cancellation
Alleged Failure by GST Auditor: HC Grants Opportunity to Contest Tax Demand
HC Sets Aside ITC Denial for Non-Submitted Documents which were not asked to submit
Kerala HC Directs Disposal of CGST Rectification Application
GST SCN uploaded under ‘additional notices’ instead of ‘Notices’ section: HC Quashed order
Delhi HC Directs Manpowergroup to Respond to ITC Availment Discrepancies SCN
ITC Denial: Officer cannot reject detailed submission by merely stating that reply is unsatisfactory
Section 75(4) of GST Act, mandates personal hearing before any adverse decision
Denying Input Tax Credit to Non-Taxable Service Providers Justified: Delhi HC
Latest GSTN Advisories: E-Invoicing, HSN Auto-Population & More
Understanding GST in India: Structure, Features & Impact
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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