Goods and Services Tax
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GST Section 74A: Determination of tax not paid or short paid or erroneously refunded (From 2024-25 onwards)
Job Work under GST: Physical Movement and Co-located Operations
Additional time granted as petitioner unaware about GST notice uploaded on Additional notices tab
Validity of Fresh ITC Reversal Beyond Prescribed Time: Gujarat HC Ruling
Export Compensation Cess Levy Needs GST Council Review: Gujarat HC
GST Invoice Management System (IMS) Explained
GST Refund Due from Conciliation Agreement Date: Delhi HC
Understanding Goods and Services Tax (GST) and Input Tax Credit (ITC)
Excess Stock found during GTS Survey cannot be confiscated: Allahabad HC
Input Service Distributor (ISD) under GST: A Practical & Legal Perspective
Retailer Discounts Not Taxable Services: Delhi HC
Valid E-Way Bill mandatory for movement of goods from one place to another
Allahabad High Court Stays ₹16 Crore GST Demand on Snack Foods
Refund not attained finality but released on Court’s orders? – Need for caution
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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