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.
E-Commerce Sellers & GST: Red Flags That Trigger Notices
GSTR-9 and 9C Reconciliation: Avoid Common Annual GST Filing Errors
Leasing of Residential Premises as Hostels: SC Settles GST Exemption Debate
No Separate Notification Needed for State Officers to Enforce IGST: Karnataka HC
Delhi HC Warns Against Using Income Tax Search Material & AI Judgments in GST Cases
Renting of Residential Dwelling under GST: SC Clarity, Unresolved Issues & Road Ahead
ITC Cannot Be Reversed from Buyer Without Action Against Defaulting Seller: Kerala HC
GST Assessment Based On Entries Found In Loose Slips, Notebook & Diary
Denial of GST ITC due to non-filing of TRAN-1 not justified as form not filed due to technical glitch
Regulation function by Electricity Regulatory commission doesn’t qualify as taxable supply: GST demand quashed
Software service to parent company on principal basis not an intermediary service
Call for GSTR-9 & GSTR-9C Due Date Extension After Major FY 2024–25 Changes
CAG Flags ₹21,695 Crore GST Compliance Deviations
Interest & penalty recovered from defaulting chit subscribers exempt from GST: AP 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.
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.
