Goods and Services Tax
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Measures for GST streamlining compliances: 50th GST Council Meeting
Penalty Puzzle under GST: Section 122 or 73/74?
Amnesty Extended for GSTR-10 Non-filers till August 2023
Extension for Amnesty to GSTR-9 Non-filers Announced
GST on Composite & Mixed Supplies under CGST Act, 2017
Extended Amnesty Scheme for Deemed withdrawal of GST assessment orders
Extended Application Deadline for GST Registration Revocation
Extended Amnesty Period for GSTR-4 Non-filers Announced
Extension of GSTR-7 Due Dates for April, May and June, 2023 in Manipur
Manipur GSTR-3B quarter ending June, 2023 Due Date Extended
GSTR-3B Due Date Extension for April, May and June, 2023 in Manipur
Extension of GSTR-1 Due Dates for April, May and June 2023 in Manipur
GST Fraud Case: MP High Court Denies Anticipatory Bail in Bogus Firm Scandal
Madras High Court Sets Aside GST Assessment Based on General Notices
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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