Goods and Services Tax
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Adverse GST Orders Quashed for No Personal Hearing: Bombay HC
Access to Coursera Content Is Licensing of Intellectual Property Rights: Odisha AAR
Email Denials by Flat Buyers Cannot Override Financial Records in GST Profiteering Case: GSTAT
GSTAT Orders Fresh Review After Finding Possible Error in GST Profiteering Calculation
GSTAT Remands Real Estate Profiteering Case Due to Concerns Over DGAP Methodology
GST Reforms and GST Implementation in India
Bombay HC Allows Second GST Refund Claim for Missed Export Invoice
Invoice Management System (IMS) under GST Acceptance, Rejection & Pending Actions on document
Mutuality Principle Survives GST as Statute Cannot Override Constitutional Doctrine
No GST on Corporate Guarantee Without Consideration: Bombay HC
No GST TCS Liability on E-Commerce Platforms Not colledting Payments: Karnataka HC
Calcutta HC Declines GST Writ Petition as Appellate Tribunal Remedy Is Available
Telangana HC Allows Delayed GST Appeal After Withdrawal of Writ Petition
Telangana HC Permits Delayed GST Appeal After Withdrawal of Writ Petition in Section 73 Demand Case
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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