Goods and Services Tax
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Telangana HC Orders Fresh GST Appeal Hearing After Natural Justice Violation
GST Portal Limitation Cannot Defeat Revocation Request: Telangana HC
Telangana HC Allows Delayed GST Appeal Against DRC-07 Order
SC Upholds HC Refusal to Entertain Delayed GST Writ Petition Citing Alternative Remedy
Telangana HC Dismisses GST Writ Petition for Delay in Challenging Assessment Order
Editable GSTR-3B & NGTP Tagging Turning Genuine GST Buyers into Soft Targets While Real Tax Defaulters Escape
Telangana HC Allows Manual Revocation Application for Cancelled GST Registration
GST Circular Trading: Penalty Equal to Full ITC Passed On, Not Limited to ₹10,000
No Advance Ruling on SEZ Invoice Endorsement Issue as Questions Fall Outside Section 97
AAC Bricks Not Classifiable as Ceramic Products Due to Low Firing Temperature: Gujarat AAR
AAR Gujarat Allows ITC on Construction of Concrete Tower Supporting VCV Lines for EHV Cable Manufacturing
Black Mineral Water Taxable at 5% in Absence of Sugar & Flavouring
GST AAR Allows ITC on Inputs & Services Used for Setting Up CCV Tower for Cable Manufacturing
AP HC Erred in Awarding 6% GST Refund Interest as Section 56 Proviso Prescribes 9%
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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