Goods and Services Tax
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Hostels and PG accommodation services attract @ 12% GST
Service of Charging of battery of Electrical Vehicle attracts 18% GST
Isha Samskriti ineligible for GST exemption: AAR Karnataka
Agricultural Hand Tools – Classification & Exemption (AAR Withdrawal)
GST on Services Provided under Market Led Fee-based Services Scheme
GST Applicability for Renting Residential Dwellings: Reverse Charge Mechanism
ITC on Construction of Warehouse by use of pre-engineered steel structure
Summary of Recommendations of 50th GST Council Meeting
GST Registration amendments vide 50th Council Meeting
Impact of GST Rate Cut on Hotel and Tourism Industry in India
Confusion on cargo handling services under GST
50th GST Council Meeting: Clarification on ITC Availment and Utilisation
Order cancelling GST registration passed without assigning reason is non-speaking order
50th GST Council meeting’s 15 Major Decisions
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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