Goods and Services Tax
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No ITC Reversal Required on Post-Sale Discounts if GST Paid via Debit Note: Gujarat HC
Refund claim of accumulated ITC allowed even when input and output tax is same
Delhi HC Sets Aside GST Cancellation After Physical Verification Confirms Business Existence
AP HC Dismissed GST Writ Due to Unexplained Delay and Laches
IGST Not Payable on Salaries to Foreign Employees: Karnataka HC
Fish Meal GST Dispute Pending in SC Not Ground to Skip Statutory Pre-Deposit: Madras HC
Courts cannot create alternative GST Refund Mechanisms outside Section 54: SC
Mandatory Three-Month Gap: Bombay HC Quashes GST Order for Procedural Violation
No Fresh Pre-Deposit Required if Initial Deposit Exceeds 20% of Revised GST Demand: Jharkhand HC
Section 65 GST Audit: Understanding ‘Commencement’ and 3+6 Month Time Limit
Kerala HC Upheld GST Portal Upload of Assessment Order as Statutorily Permissible
ITC Can Be Blocked Even if No Balance Exists on Date of Order: Allahabad HC
Roaming Services Qualify as Export for GST if Recipient Is Foreign Operator, Not Subscriber: Bombay HC
Summary in GST DRC-01 cannot substitute Section 73(1) SCN requirement: Guwahati 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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