Goods and Services Tax
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Two-Wheeler Seat Covers classifiable under CTH 87141090, 28% GST applicable
Dismissal of Appeal of Arun Cooling Home by AAAR: Time Limitation Grounds
Condonation of Delay in Appeal Filing with AAAR: Lions Seat Cushions Pvt Ltd
GST & ITC on Employee Services: AAR Tamilnadu Ruling
Car Seat Cushion Suspension wires & Steel hooks: GST Rate & Classification
No ITC on inputs used for constructing godowns meant for commercial rent
GST Liability on Electricity Distribution & Utility Charges: AAR Tamil Nadu Ruling
GST Classification of Truck Body Fabrication: Indico Motors withdraws ARA Application
GST on converting copper scraps into winding wire through a mobile app
Ministry of Home Affairs Extends 50% GST Support for Kendriya Police Welfare
KVAT: Kerala HC Dismisses Writ petition for Lack of Merit
GST authorities must diligently verify documentation before imposing penalties
Absence of a specified hearing date in show cause notice renders it invalid
GST: Tax Evasion Intention Essential for Section 129 Penalty
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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