Goods and Services Tax
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To invoke Section 67 of GST Act existence of ‘reasons to believe’ is mandatory

‘Chokad’ sold to NALCO not being an ‘industrial input’ doesn’t attract 4% VAT

GST Registration suspension without order: HC directs revocation

OVAT Act : 4% VAT applicable on mosquito repellant ‘Good Knight’

Annexure – V- Declaration by GTA Business under GST

GST amount to be adjusted if there is an issue of mismatch in GST Return with Bank Statement

GST Council Newsletter for the month of February, 2023

KVAT: Once money received by State Government, credit has to be given to petitioner

Decision of Singapore HC in Case of Herbalife International & Some Useful Lessons

Penalty u/s 129 justified on transportation of goods without a valid e-way bill

Simultaneous initiation of proceedings by both Central & State Authority is impermissible in law

GST on Transporting own Machinery from One place to other for Execution of Particular Work

Business Slips Seized from Third Parties in Search cannot be utilised for Assessment & Penalty: Kerala HC

Penalty u/s 129(3) leviable in absence of fresh e-way bill when goods are transferred to another vehicle during conveyance
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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