Goods and Services Tax
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E-Commerce Platform Not GTA Due to Absence of Consignment Note: AAR Tamilnadu
GST AAR Allows Exemption on Waste Remediation Services Due to Pure Service to Government Authority
ITC Allowed on Employee Transport as Statutory Obligation Overrides Blocked Credit Rule: AAR Tamilnadu
AR Tamilnadu Rejected Advance Ruling as ITC Utilization Issue Held Procedural in Nature
GST Applies to Member Services as Law Deems Association and Members Separate Persons
Waste Management Services Exempt Due to Pure Services to Municipality: AAR Tamilnadu
AAR Allows Withdrawal of Edible Oil GST Classification Application After Notification Clarification
Advance Ruling Not Maintainable Due to Applicant Being Service Recipient: AAR Tamilnadu
GST Exemption Allowed as Medicines to Inpatients Treated as Composite Healthcare Supply
Export Value Must Include All DDP Costs for IGST: AAR Tamilnadu
GST Registration Cancellation Set Aside for Failure to Personally Serve Notice: Gauhati HC
Kerala HC Set Aside GST SCN Due to Composite Notice Covering Multiple Assessment Years
Interest at 18% Mandatory on Unpassed GST Benefits from Date of Collection: GSTAT
GSTAT Orders Refund After Finding Profiteering Due to Unpassed ITC Benefit
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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