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.
Passing of Final Section 129(3) GST Order Mandatory After Penalty Payment: SC
GST Section 74 Invoked Without Proof of Fraud or Suppression: HC Quashes Assessment
Limitation Under GST Is Mandatory: HC Quashes Order for Delay in SCN Issuance
Dual Proceedings Illegal: HC Quashes State SCNs Following Prior Central GST Action
Madras HC Sets Aside Section 74 GST Order Passed Without Considering CA Certificate
Section 129 Penalty Cannot Be Imposed Merely for Misclassification of Goods
Matter remanded as petitioner unaware about GST SCN uploaded under Additional Notices Tab
HC Quashes GST Order Passed Without Hearing & Without Considering Reply
PVC Raincoats Classified as Plastic, 18% GST: AAAR West Bengal
PVC raincoats falls under HSN Code 3926 & Attract 18% GST: AAAR West Benagal
PVC Raincoat GST: Classified as Plastic, Not Textile – AAAR West Benagal
Failure to Consider Assessee’s Response Fatal to GST Order: Madras HC
GST Refund Rejection Due to Section 16(4) Invalid Post Retrospective Section 16(5) Insertion
Delay in GST Appeal Filing Attributed to Auditor’s Mistake: HC Condones 32-Day Delay
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.
