Goods and Services Tax
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Penalty Quashed for Lack of Book Verification: Presumption Alone Cannot Justify Action Under UP VAT
GST Assessment Quashed for Adding Interest and Penalty Not Stated in Notice
Notice & Hearing on Same Day Violates Natural Justice: Allahabad HC Quashes GST Demand
Assessment Quashed for Non-Issuance of Mandatory GST Notice in DRC-01A
Penalty under Section 129(1)(a) When Valid E-Way Bill & Invoice Accompany Goods
GST Penalty Appeal allowed Despite Delay with Partial Pre-Deposit: Madras HC
Ex-Parte GST Order Set Aside Due to Lack of Opportunity for Reply and Hearing
ITC was allowed on Insurance for Stock and Premises as sec.17(5) was limited to Motor Vehicles
E-Way Bill Lapse Not Justifies Higher Section 129(1)(b) Penalty: Allahabad HC
Rejection of tender bid justified since mandatory tender condition of filing of GSTR-3B not satisfied
GST Order Quashed After Notices Went Unnoticed on Portal’s Additional Tab
GST Seizure Quashed as Transporter Not Owner of Goods: Allahabad HC
Cases involving large scale availment of ITC or evasion of GST are relegated to appellate remedy
Delhi HC Orders Controlled Forensic Review of Advocate’s CPU Post GST Raid
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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