Goods and Services Tax
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Employee Transport Recovery Not Taxable as It Is Not in Course of Business: AAR Tamilnadu
GST Not Applicable on Solar Power Supply Due to Exemption for Electrical Energy: AAR Tamilnadu
Fan Drive Assembly Classifiable as Fluid Coupling Due to Functional Characteristics: AAR Tamilnadu
No Option for 18% GST as Outdoor Catering Falls Under Mandatory 5% Entry: AAR Tamilnadu
AAAR Remands GST Case After Finding Contradictory Facts in Dealer Incentive Case
Consolidated GST Notices Valid as Law Does Not Restrict to Financial Year: Karnataka HC
Telangana HC permits manual revocation of GST registration despite time-barred appeal
GST Registration Cancellation Invalid Due to Vague Notice & Missing Reasons: P&H HC
ITC Denial Upheld Due to Supplier Tax Default Under GST Law: Gujarat HC
Mandatory Service Charge by Restaurant is Illegal: CCPA
GSTAT Remands Anti-Profiteering Case Due to Unverified ITC Reversal Claims
No GST Recovery for Two Weeks as Court Permits Delayed Appeal Filing: Telangana HC
GST Writ Withdrawn to File Appeal, Telangana HC Allows Delay Condonation Plea
GST Appeal Allowed Despite Delay, Telangana HC Grants Liberty to File Appeal
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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