Goods and Services Tax
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Natural Justice Breach: HC Quashes GST Order, Lifts Bank Attachment, Orders Fresh Hearing
GST on Solar Power Plant Components & Erection: Composite Supply, Rates & Valuation
GST Liability & Rates on Construction, Maintenance & Exemptions: AAR Ruling
Use of AI in GST Practice – A Practical Analysis and Precautions
Madras HC Revives Cancelled GST Registration with Conditions
जीएसटी प्रैक्टिस में एआई (AI) का उपयोग – एक व्यवहारिक विश्लेषण एवं सावधानियां
Notice Comparing Assessee’s Sale Price with Market Price is invalid: Jharkhand HC
Delhi HC Remands GST Demand Case, Citing Issue of Notice Visibility on Portal
GST leviable on construction service rendered in lieu of development rights: Patna HC
Madras HC Sets Aside GST Section 73 Order for No Hearing Date/Time in SCNs
Madras HC Allows Contest of GST order Despite Cryptic Reply, Orders 25% Pre-Deposit
Revenue Cannot Debit GST Ledger After payment of Pre-Deposit for Appeal
Section 75(12) of CGST Act not invocable post self-assessed tax included in return filed u/s. 39
Anticipatory Bail Granted in ₹75 Cr GST ITC Fraud Case
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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