Goods and Services Tax
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Supreme Court Stays GST Section 74 Proceedings During Pending Appeal
HC Dismisses Writ Against Section 74 UKGST Order, Citing Appeal Remedy
GST Department Cannot Retain Records After Search Authorization Withdrawn: Madras HC
Bombay HC Rejects ₹6.50 Crore GST Dispute Writ, Grants Liberty to Appeal
GST Appeal Not Maintainable Against Section 98(2) Order: AAAR Tamil Nadu
AAR Gujarat Classifies PTFE Gland Packing Under HSN 39209949 at 18% GST
AAR Gujarat Classifies Plastic Twine Under HSN 39269099 at 18% GST
AAR Denies GST Exemption for Burial Ground Maintenance as Non-Composite Supply
AAR Denies GST Exemption for TNUHDB Upkeep Services as Non-Composite Supply
AAR Tamil Nadu Denies 5% GST as Compostable Bags Are Not Biodegradable
P&H HC Upholds Cenvat Credit on Services for Renting Immovable Property
HP HC Quashes Composite GST Notices for Multiple Years With Different Issues
AAR Uttarakhand Denies GST Ruling on End-Use Proof for Paper Exemption
Interest on Belated Customs, IGST and Excise Duties: “Including” Is Illustrative
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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