Goods and Services Tax
Log in to FollowGoods and Services Tax India: Read all latest GST news, articles, notification, circulars, case laws news on, MVAT DVAT PVAT GST GSTN IGST CGST GST Council GST Rates SGST GST Forms GST Rules.
Pre-Consultation Mandatory in Extended Limitation Cases for High-Value Excise/Service Tax Demands: Madras HC
Multiple GST SCNs Valid If Based on Distinct Discrepancies: Madras HC
Section 73, 74 & 74A: New Unified GST Demand Regime from FY 2024–25
GST’S effects on India’s federalism
Section 75(2) CGST: Proper Officer, Jurisdiction & Validity of Proceedings
GST Applicable on University Statutory Functions as Madras HC Relies on Earlier Rulings
Summons u/s. 70 of CGST issued for inquiry do not constitute illegal detention
Refund of GST paid erroneously cannot be denied solely on ground of limitation
Mastermind Liability, “Taxable Person” and Writ Discipline in Fake ITC Litigation
Affiliation Fees Collected by universities Not Exempt Under GST: Madras HC
Paddle Wheel Aerators for Aquaculture Classifiable Under HSN 8479, Attract 18% GST: AAR Gujarat
GST Liability on Interest Free Mobilisation Advance Cannot Be Deferred Until Adjustment in Running Bills: AAR Gujarat
AAR Clarifies GST on Ice Cream: Goods vs Restaurant Service & 5% Rate Applicability
Digestive Capsules Classified as Supari, Not Pan Masala; GST Fixed at 5%: AAR Gujarat
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.
At Taxguru, we provide all the latest GST news to our viewers. Our group of expert keep a close check on all the latest developments and provide a comprehensive analysis on GST updates. We keep updating our portal with articles on GST for the enlightening our readers. Bookmark us for all the GST articles and much more on GST.
