Goods and Services Tax
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ITC Cannot Be Denied for Mere Supplier’s Later GST Registration Cancellation
Service tax demand quashed for Bundobast Services on Chennai Police holding sovereign functions not taxable prior to 1 June 2012
Bail in fake GST input tax credit matter granted on medical ground
GSTAT disposes profiteering case after voluntary payment offer to homebuyers
GSTAT drops complaint as no Profiteering Found After GST Payment Check
Review Petition by Revenue dismissed against earlier Order Quashing GST Demand on Breach of Natural Justice
Can Recovery Be Made from a Dead Person Under GST?
GSTAT Ordered Reinvestigation After Errors Found in Profiteering Calculation
GST Rate Cut Not Passed On in Cinema Tickets, Profiteering Confirmed by GSTAT
Bombay HC Quashed GST Demand for Treating Leasehold Assignment as Supply of Service
GST SCN Quashed for Clubbing Multiple Assessment Years: Karnataka HC
GST TDS Rejection Error: “No Action Taken on TDS Details Rejected by Counter Party” – Practical Fix with GST Portal Screenshots
SC’s Landmark Judgement: Protecting Rights of Bona Fide Buyer under DVAT
Jurisprudential & Economic Case for Differential Works Contract Taxation in GST
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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