Goods and Services Tax
Log in to FollowGoods and Services Tax India: Read all latest GST news, articles, notification, circulars, case laws news on, MVAT DVAT PVAT GST GSTN IGST CGST GST Council GST Rates SGST GST Forms GST Rules.
Govt Allows MRP Revision on Unsold GST-Affected Stock
GST Implications for Cloud Kitchens & E-Commerce: A Technical Analysis
56th GST Council Meeting Summary & Key Decisions
Input Tax Credit (ITC) under GST: A Comprehensive Guide
GST Intermediary Services: Half relief, Half solution awaited
Understanding GST: A Tax Story That Changed India
GST 2.0 Reforms: India Moves to Two-Rate Structure
Reasonably sufficient time to be grated for furnishing reply to GST SCN
GST rectification must be passed by same authority that issued original order
Gauhati HC Voids GST Order Against Deceased, Permits Fresh Action against legal heirs
Madras HC Directs GST Officer to Consider Offline Rectification Application
E-Way Bill Confirms Goods Movement Despite Later GST Cancellation: HC
GST Advisory to file pending returns before expiry of three years
Allahabad HC Grants Bail in Compoundable GST Evasion Case
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.
At Taxguru, we provide all the latest GST news to our viewers. Our group of expert keep a close check on all the latest developments and provide a comprehensive analysis on GST updates. We keep updating our portal with articles on GST for the enlightening our readers. Bookmark us for all the GST articles and much more on GST.
