Goods and Services Tax
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Rajasthan HC Stays GST Recovery on Highway Annuities
Delhi HC Dismisses Hardwyn India’s Plea Against DGGI, Asks to Approach Gurugram Court
Delhi HC Upholds Trial Court’s Order to Summon GST Witness
Delhi HC Disposes of Plea Against GST Registration Cancellation Notice
Unreasoned/template GST Order Quashed by Delhi HC
Bombay HC Quashes GST Demand on Fees Collected by Goa University
10 Questions to Ask While Reading a GST Order (Like an Advocate)
How to file GSTR-4 Annual return for Composition Taxpayer under GST
GST on developer right cannot be taxed under reverse charge: Bombay HC
Legal Aspects of GST Registration & Verification under CGST Act 2017
Registration under KVAT required for education trust managed college supplying food via canteen
Allahabad HC Seeks Clarity on GST Penalty Powers under rule 86B & Section 129
No GST on Transfer of Development Rights or FSI Service: Bombay HC
Bombay HC Grants Interim Relief on GST Applicability to Land Development Rights Agreement
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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