Goods and Services Tax
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ITC on Inputs for Destroyed Goods Reversible: Telangana AAAR
Summary SCNs & Orders Insufficient Under CGST Act: Gauhati HC
GST Declaration Process for Hotel Accommodation & Restaurant Services
ITC Eligibility: Section 16(2) vs. 16(5) CGST Act
Writ demanding difference of ITC in GSTR-3B & GSTR-2A dismissed due to alternate remedy
Personal hearing mandatory before passing GST order: Allahabad HC
Karnataka HC Quashes ITC Blocking for Lack of Hearing & Cogent Reasons
Corporate Guarantees Under GST: Legal Dilemmas & Taxation Challenges Post Vedanta Stay
SC dismissed review petition of department for Safari Retreat Pvt Ltd
No additional liability for Clerical error in filing GSTR-3B: Patna HC
GST Writ petition not maintainable unless statutory remedy to appeal exhausted
ITC Blocking Under Rule 86A Without ‘Reasons to Believe’ and Evidence is Unsustainable: HC
HC set aside GST Order passed without emanating reasons for conclusion
Madras HC Allows Delayed GST Appeals on Additional 5% Pre-deposit
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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