Goods and Services Tax
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Purchaser Cannot Avoid GST Proceedings by Challenging ITC Provision: MP HC
3-Day GST Registration Under Rule 14A: Auto-Approval Doesn’t Ensure Relief
GST ITC Denial for Supplier Default Limited to Non-Genuine Transactions
Purchase Tax Cannot Be Shifted to Buyer for Seller’s Non-Payment: Madras HC
GST Rules for Unregistered Sellers on E-Commerce Platforms
Input Tax Credit Cannot Be Denied for Supplier’s Default: Tripura HC
Efficient ITC Utilisation for Exporters After Rule 96(10) Omission
How Does Karnataka HC Ruling Differ From SC Precedents On Arrest under GST
Writ Rejected as GST Overlap between State & Center Requires Factual Examination: Allahabad HC
ITC Denial Quashed Because Toll Receipts Are Not Mandatory Under GST
Karnataka HC Quashed GST SCN as Multiple Years Were Clubbed
Madras HC Quashed GST SCN as Multiple Financial Years Were Clubbed
Toll plaza receipts not mandatory for justifying actual physical movement of goods under GST
Clinical trial to foreign service recipients not liable to tax under 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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