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.
Applicability of GST for Housing society and available exemption
GSTN Advisory: GSTR-3B Table 3.2 Remains Editable
Refund of Compensation Cess in case of exports on payment of IGST Permissible
Retrospective GST Registration Cancellation Requires Justification, Notice to Assessee
Delhi HC quashes tax order due to improper service of SCN on GST portal
Delhi HC Voids Tax Orders on GST Portal Notice Glitch
Jharkhand HC Quashes GST Order for failure to issue Section 46 notice
Madras HC Quashes GST Order Against Deceased
GST ITC Blocked for Fake Invoices: Madras HC directs Proceedings to Conclude in 5 Weeks
ITC barred by limitation u/s. 16(4) of CGST Act but within section 16(5) period duly allowed
Patna HC Quashes Service Tax Demand Over inordinate Delay
Madras HC Dismisses Writ Appeal as Infructuous Following SC’s Directions on TRAN-1 Filing
Consider Unblocking GST Credit on alleged ‘Non-Existent’ Dealer: Madras HC
Authorities Must Expedite Adjudication Process: Delhi HC
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.
