Goods and Services Tax
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SC Allows Bail After Long Detention Despite Alleged High Tax Loss in GST Case
Bail Granted in ₹22.30 Cr GST Evasion Case due to Delay in Trial & Maximum Sentence Limit
Excel Utility for Automated GSTR-2B vs Books ITC Matching
Table 6A(1) & 13 of GSTR-9: Key Amendments & Revised Reporting Requirements for FY 2024–25
Conversion of arrest warrant into bailable warrant is referred to Special/ Larger Bench
Centre obliged to refund wrongly paid IGST on intra-state supplies as SGST paid to State authorities
Detention order quashed as notice not issued as mandated u/s. 129(3) of GST Act
Tripura HC: GST Penalty Collected Without Sec.129(3) Order Is Illegal; Refund Ordered
Delhi HC Quashes GST Orders Passed Without Notice; Matter Remanded for Hearing
Madras HC Sends Harpic–Lizol GST Dispute to Appellate Remedy with 10% Pre-Deposit
Fraudulent ITC Unearthed: Delhi HC Slaps imposes ₹5 Lakh Costs Over Misleading Petition
Excess GST liability to be reimbursed as per contractual obligation
Important Changes in GSTR-9 for FY 2024-25 You Must Prepare For
Judiciary Won’t Mandate Biometric Verification for GST Registration: SC
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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