Goods and Services Tax
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Technical Issues in GSTN’s New Annexure-B Utility
GSTN Introduces Automated Annexure-B Utility for GST Refunds
GST Nil Returns: Everything You Need to Know (Without Headache)
GSTAT vs CESTAT: Deciphering Jurisdiction for IGST on Import of Goods
GST Show Cause Notices can cover Multiple Financial Years: Karnataka HC
Karnataka HC Quashes GST Order as Same Officer Handled Audit & Adjudication
Withholding GST Refunds under Section 54(11): Need for Structured Framework
GST Act Silence on Interest Cannot Defeat Refund Rights in Unconstitutional Levy Cases: AP HC
Common Issues raised in GST Department Audit
Delhi HC Orders GST Reimbursement Since Frozen Meat Supply Was Taxable
Telangana HC Dismisses GST Writ Due to Availability of Alternative Appellate Remedy
Madras HC Stays GST Proceedings on Mining Royalty Pending SC Decision
Gujarat HC Restrains GST Order on Corporate Guarantee Dispute Pending Constitutional Challenge
Anticipatory Bail Allowed as No Specific Allegations Linked CA to Share Transfer Fraud
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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