Goods and Services Tax
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GST Rules Amended: Key Changes in Refund and Appeals
AAAR Dismisses Appeal Filed with 22-Day Delay Without Sufficient Cause
AAAR Telangana Denies ITC on Employee Transport Due to Lack of Statutory Obligation
Telangana AAAR Remands GST Ruling on Land Development
AAAR Telangana upheld ITC reversal for goods destroyed in a fire
Aluminium Composite Panel/Sheets classifiable under CTH 7606: AAAR Telangana
New Grounds Cannot Be Raised at Appellate Stage: AAAR Telangana
Electricity & Water Charges Bundled with Hotel Rent Taxable as Composite Supply: AAAR Telangana
E-Procurement Transaction Fee is Taxable Supply, GST Exemption Not Applicable: AAAR Telangana
GST audit to be completed within 3 months from date on which all records are made available
SC & Bombay HC Uphold Right to Rectify Bonafide GST Error
GST: Section 128A Clarifications on Waiver of interest and penalties
Input Service Distributor (ISD) Implementation, practical procedure, Benefit & drawbacks
GST Grievances & Recommendations – Sales Tax Bar Association
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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