Goods and Services Tax
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Cement Becomes Cheaper: UltraTech Passes GST Benefits to Customers
CBIC Modifies DIN Rules: eOffice Issue Number Equals DIN for GST Orders
GST Input Service Distributor (ISD): Advanced Issues
Facts of the case (SICPA India Private Limited vs. GST Authorities)
Bombay Sales Tax Act empowers Tribunal to modify order of part payment passed in First Appeal
Matter remanded as petitioner was unaware about GST notice uploaded on GST portal
Sticker No Longer Mandatory After GST Cut: Centre Tells Karnataka HC
Rajasthan HC Strikes Down Circular Restricting GST ITC Refunds
GST Appeal Limitation Begins Only on Effective Communication, Not Portal Upload: Madras HC
Denial of Cross-Examination in GST Adjudication Violates Natural Justice: Karnataka HC
Non-Issuance of State Notifications: Can GST Rates Differ Between Centre & States?
GST on Frozen Peas Storage: Uttarakhand AAR Rejects Repeated Ruling Request
GST Anti-Profiteering Case: No ITC Benefit Profiteering by Theco India
GST Cess on Automobiles: A Transitional Chaos
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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