Goods and Services Tax
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Sterile Aprons and Shoe Covers falls Under Chapter 39, Not Garment Heading 6210: AAR West Bengal
GST on Tobacco Leaves Fixed at 5% as Curing and Grading Do Not Change Character: AAR West Bengal
Section 73 or 74 CGST: Proper Officer, Jurisdiction & Validity of Proceedings
5 GST Compliance Problems Business Owners Must Avoid
GST Applicable on Arbitration Awards Treated as Price Revision Under Section 142(2)(a): AAR West Bengal
Allahabad HC Set Aside GST Order for Not Serving Physical Notice After Registration Cancellation
Guwahati HC Sets Aside GST Registration Cancellation; Allows 30 Days to File Pending Returns
Limitation Survives if Ex-Parte GST Order Only Uploaded, Not Communicated; Appellate Order Unsustainable
GSTAT Remands Profiteering Case Due to Non-Verification of ITC Reversal
GSTAT Closed GST Anti-Profiteering Case After Full ITC Benefit Passed to 355 Homebuyers
DIN Isn’t an Auto-Knockout Anymore: Courts Are Moving from “Non-Est” to “Traceability Test
Amendment to bill of entry post initiation of proceeding u/s. 28 not permissible: Kerala HC
Govt Notifies DGGI ADG as IGST Nodal Officer; Afcom Named Indian Carrier under GST
ITC Cannot Be Denied Solely for Supplier Default: Calcutta 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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