Goods and Services Tax
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Kerala SGST Issues Guidelines for GST Interest Waiver
Latest Amendments in GST related to Hotels & Restaurants
Stressed Assets Stabilization Fund is a deemed dealer under MVAT Act
Charger not to be taxed separately when it is sold with cell phone: SC
CGST Offices to Remain Open on 29th to 31st March 2025
FAQs on‘Restaurant Service’ supplied at ‘Specified Premises’
GST on Medicines and Medical Goods: Government Stance
IGST Refund Allowed, Shipping Bill Amendment to clear PAN mismatch Directed: Gujarat HC
Retrospective GST Registration cancellation without giving reason is unjustified: Delhi HC
Notice of extension of seizure is to be issued under GST: Delhi HC
16 Key GST Actions for March 2025
Right to Correct Clerical GST Errors Integral to Business, Software Limits Not Justifiable: SC
Chhattisgarh GST Dept. Raises Intra-State E-way Bill Limit from April 01, 2025
Haryana One Time Settlement Scheme for Recovery of Outstanding Dues, 2025
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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