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.
Karnataka GST Dept issues GST notices to traders based on UPI transaction data
GST Authorities Cannot Copy SCN Content, Must Consider Submissions: Bombay HC
Service of notice through registered email is valid service: Allahabad HC
No Penalty on Zero-Rated Supply for E-way Bill Expiry: Gujarat HC
Excessive GST Notices & Request for Enhancement of GST Turnover Limits
GST Return Late Fee: Penalties, Calculation & Impact
GST Suspension, Stock Transfers & Merchant Payments: Business Challenges
GST on Immovable Property: Judicial views on Development & Leasehold Rights
Disallowance of ITC due to Supplier’s Default under GST
Transfer of Leasehold Rights Not Subject to GST, Akin to Sale of Land: Gujarat HC
Guide to Online Filing of GST Appeals and Applications
Delhi HC Quashes Negative Blocking of ITC
Informant Reward Schemes Must Be Fair, Transparent & Free of Frivolous Objections: Bombay HC
Delhi HC Protects Buyers from Seller VAT Default
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.
