Goods and Services Tax
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Jharkhand HC Quashes GST SCN & Order Lacking Digital Signature
AP HC Allows Advocate Presence During GST Evasion Probe Examination
Gujarat GST AAR Rejects Vague Water Classification Plea
AAR Rejects Application Due to Vagueness, Incompleteness & Questions Beyond Scope
Sada Tambaku Pre-Mixed with Lime: HSN 24039910, 28% GST – Gujarat AAR
HSN Classification of Blades for Chaff Cutters: Chapter Heading 8208 4000 with 18% GST: AAR
HSN Classification of Blades for Chaff Cutters: 8208 4000, 18% GST – AAR
Chaff Cutter Blades (Agricultural Machine Part) Attract 18% GST: AAR Rajasthan
Heating of Groundnuts with Shell Renders Ineligible for HSN 1202 Classification
TNGST Act 2017: Guidelines on Rectification Process
Orissa HC Dismisses GST Plea Over Time-Barred Appeal
GST Sec 61 Lacks Authority to Adjudicate Valuation of Goods/Sale Price: Jharkhand HC
GST Deadline Validity in SC, Delhi HC Grants Relief
GST Council to Decide Compensation Cess on Supplies to Merchant Exporters
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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