Goods and Services Tax
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Supplier’s GST Registration Cancellation Post purchases not Affect Valid ITC Claims
GST Appeal Restored as 10% Recovery Meets Statutory Pre-Deposit Requirement
Coffee Premix Not Taxable as Beverage Powder Because of Specific Entry: Bombay HC
GST Exemption Limited to Manpower-Based Municipal Services: AAR West Bengal
Essential Hospital Support Services Held GST-Exempt for Meeting “Pure Service” Criteria
Non-profit Section 8 company is Body Corporate for GST: AAR West Bengal
Homoeopathic Medicines: HSN Classification and GST Rate Clarified
Aerated Beverages in Restaurants taxable as Composite Service under GST
Pure Consultancy Services for Water Distribution Networks Exempted from GST
GST Exemption for Transfer of Business as Going Concern
GST Exemption for Household Water Data Collection Services
GST Exemption Denied for Water Data Validation Due to Non-Qualification as Pure Services
GST Exemption on Road Transport for E-Commerce Deliveries Treated as GTA Service
GST SCN Uploaded Only on ‘Additional Notices’ Tab Is Not Valid Service: Delhi 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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