Goods and Services Tax
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Kerala HC: Review Dismissed – Computer Statement Relief Was Not Pursued During Hearing
Kerala HC Quashes Composite GST Notice for Multiple Financial Years
Kerala HC: ITC Allowed Under Section 16(5) – Returns Filed Before extended Cut-Off
P&H HC allowed GST Refund: Intermediary Status Cannot Be Changed Arbitrarily for Intervening Period
लॉन्ग लाइन” का लोचा: जब व्याकरण टैक्स कानून पर भारी पड़ जाए
Omission of CGST Rule 96(10) Applies to Pending Refund Proceedings: SC
Buying a Delivery Van? Here’s How GST Treats Input Tax Credit
Rule 14A GST Registration: ₹2.5 Lakh B2B Tax Limit
Reporting Outward Supplies under RCM in Form GSTR-3B: FAQs
Route Deviation Alone Does Not Justify GST Detention or Penalty
Telangana HC Allows Manual GST Revocation After Cancellation for Non-Existence of Business at Declared Premises
GST Registration Mistakes Businesses Should Avoid
Limitation for GST Appeals where Multiple DRC-07s follow a Common Section 74 Order
Manual GST Appeal Allowed Where DRC-07 Was Not Uploaded: Telangana HC
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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