Goods and Services Tax
Log in to FollowGoods and Services Tax India: Read all latest GST news, articles, notification, circulars, case laws news on, MVAT DVAT PVAT GST GSTN IGST CGST GST Council GST Rates SGST GST Forms GST Rules.
GST Rate on Millets and Health Mix Products: Government’s Response
GSTN and PMLA: Framework, Discussions and Impact
Main user allowed to grant access to IRNs generated by them to sub-user: NIC
Understanding CGST Rule 88D: Analysis & Implications
E-Invoice Applicability From 1st August 2023
GST and its Impact on Healthcare Services
DGGI’s communication to freeze bank accounts without proper authorization is invalid
No Registration is required even if supply of goods is made through an ECO
Claim of ITC through GSTR-3B justified since Form GST ITC-02 was not live on common portal
Condonation of Delay in GST Appeal: “Sufficient Cause” Interpretation
Integrated Goods And Services Tax (Amendment) Bill, 2023
CGST (Amendment) Bill, 2023 – Tax Changes on casinos, horse racing & gaming
AAAR Ruling on classification of unmanufactured tobacco product
GST appeals can’t be rejected for non-supply of certified copies of an order in violation of natural justice
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.
At Taxguru, we provide all the latest GST news to our viewers. Our group of expert keep a close check on all the latest developments and provide a comprehensive analysis on GST updates. We keep updating our portal with articles on GST for the enlightening our readers. Bookmark us for all the GST articles and much more on GST.
