Goods and Services Tax
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GST ITC Denied on Expenses for Company Share Buyback: AAAR Gujarat

GST Appeal Delay Due to Rectification Application – Period Must Be Excluded: P&H HC

Live Course On GSTR-9 & GSTR-9C for FY 2024-25

GSTR-9 and GSTR-9C: Step-by-Step Guide to GST Annual Compliance

Bombay HC Advises Use of Trade Circular Before Approaching Court on GST Issues

Bombay HC Upholds GST Confidentiality, Denies RTI Request for Industry Returns

Inter-State Movement of Crane for own use Not Taxable Under GST: Allahabad HC

AP HC Sets Aside Composite GST Assessment Order Covering Multiple Tax Periods

GST Registration Retained Despite Alleged Non-Operation at Declared Address

Contractor’s Plea for Waiver of GST Interest Rejected: Allahabad HC Upholds Assessment Route

Delhi HC Remands Rs 550 Cr Bogus Invoice GST Case to Appellate Authority

GST on Assumed Manufacturing Capacity Lacks Legal Basis: Allahabad HC

Review Dismissed: Contractual GST Dispute Not Maintainable Under Writ Jurisdiction

Allahabad HC Quashes GST Penalty for E-way Bill Expiry Caused by Vehicle Breakdown
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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