Goods and Services Tax
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No Penalty or Interest for Erroneously Availed but Unutilized Input Tax Credit
Analysis of GST Provisions Applicable on Special Economic Zone (SEZ) Units
Serving GST DRC-01 Notice & Uploading DRC-07 Order Electronically
Special Appeal Procedure for GST Delay in Haryana until March 31, 2023
CGST Delhi East Exposes ₹199 Crore Fraud by 48 Fake Firms
GST order passed without opportunity of personal hearing: HC directs fresh order
Transitional Credit cannot be disallowed just by serving a summary of SCN
GST Appeals – Amnesty Scheme
HC Restrains Issuance of Advisory wrongly stating GST Registration Cancellation
Denial of refund claim of accumulated ITC merely due to incorrect classification of goods by supplier unjustified
GST Dues: Kerala HC Grants Installments: Thomas K. J vs State Tax Officer
Personal guarantee (director) is liable to RCM under GST: Telangana HC
Punjab & Haryana HC Grants Stay on GST Demand for Seconded Employees
जीएसटी में डीआरसी 03 के लंबित होने के संबंध में एवं अपडेट करने के आदेश एवं अन्य विषय
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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