Goods and Services Tax
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Financial Year End 2023 – GST Checkpoints
CGST Bhiwandi Commissionerate arrests Oppo Mobiles finance manager
Advisory for GST Registration for banquet halls, farm house, marriage gardens & hotels
GST on Export of Pre-Packaged Rice: AAR Ruling
Do Youtubers need GST registration?
GST applies on Voluntary Gratuitous Payment From Outgoing Member: AAAR
जीएसटी आदेशों में गलतियों का सुधार प्रावधान एवं प्रक्रिया का अध्ययन
HSN Code Reporting in e-Invoice on IRPs Portal
Clarification Related to Amnesty Scheme 2023 by Rajasthan State
Scheme for settlement of dues under Maharashtra Settlement of Arrears of Tax, Interest and Penalty Act 2023
Important points to be kept in mind for GST before end of F.Y 2022-23
Tax, interest, penalty, fine, and fees due need to be paid for revocation of cancellation of GST Registration
Actions & Precautions to be taken before closing of your books of accounts as on 31st March 2023
Advisory for the taxpayer wishing to register as “One Person Company” in GST
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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