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.
Gujarat AAR denies ITC on Pre-Engineered Building & Integrated Crane Systems
Omission of CGST Rule 96(10) from October 8, 2024, Extends to Pending IGST Refunds for Exporters
Power to Arrest’ under CGST and Customs Act: A Judicial Review
Understanding Section 41 of CGST Act and Rule 37A of CGST Rules
Free Party Ledger PDF to Excel Convertor
Introduction of Enhanced Inter-operable Services Between E-Way Bill Portals
CBIC Initiatives: GST Pakhwada & DIN Clarification
Guide to LUT Filing for Zero-Rated Export Supply Compliance
Jurisdiction & Functions of “Proper Officers” under Kerala GST Act, 2017 – Reg.
Blocking Electronic-Credit Ledger under Rule 86A without pre-decisional Hearing Not Tenable
Legal Framework Governing Authorised Representative Before GSTAT
Minimum two independent witnesses needed for premises search under GST
Issuance of SCN without DIN is non-est and invalid: AP HC
“Jugaad” Taxation: Infosys GSTN’s Solution for GSTR-1 Glitch Sparks Outcry Among Taxpayers
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.
