Goods and Services Tax
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जीएसटी के पोर्टल में महत्वपूर्ण परिवर्तन के संबंध में
Aircrafts classifiable under CTH 8802 & attracts GST 5%: GST AAR Gujarat
AAR cannot give ruling on how to rectify mistake in GSTR -1
No GST Exemption if Monthly Society Maintenance Charges exceeds INR 7500
CCI directs DGAP to investigate ITC benefit passing claim of ‘GP Infra’
CCI directs DGAP to verify claim of Ireo Grace Realtech of passing ITC benefit
Subway franchisee guilty of denying benefit of tax reduction to customers: CCI
Issue of GST on Preferential Location Charges (PLC) not fall under CCI purview
Coaching Service with Goods is Composite Supply & not mixed supply: AAAR
Once demand is reduced, original order cannot sustain: Sikkim HC
GST Appellate Tribunal Benches: Expansion, Criteria and Rising Appeals
Analysis of GST Collections: FY 2022-23 Insights and Reforms
Gujarat HC to examine validity of Notification extending period for proceedings
KVAT: Shipping Document Required for Concessional Rate to Lakshadweep Supplies
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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