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.
ITC Mystery: Does RBI Fit the Banking Company Definition?
Personal Hearing Required Before Adverse GST Order: AP HC
Chhattisgarh HC Dismisses GST Writ Petition Over GSTR-3B Error
GST Registration Revoked Post Dues Payment: Delay in Application Condoned
Orissa HC Allows GST Registration Cancellation Revocation upon payment of dues
Bombay HC Allows GST Appeal Pre-Deposit Despite Lien on Bank Account
Consider GST appeal on Merits if Pre-Deposit Initially Missed but Later Paid: Bombay HC
Calcutta HC directs Consideration of GST Appeal Delay Condonation Citing COVID-19
Orissa HC Stays GST Recovery, Orders Consideration of Belated Reply
Improper GST Notice Service: Madras HC Orders Re-assessment with 25% Tax Payment
Absence of GSTN in Supplier Certificate Not Enough to Deny ITC: Allahabad HC
Gujarat HC stays coercive action over GST on royalty payments
Simultaneous Probes by DGGI & State GST Authority on same issue Not Allowed: Delhi HC
GST Appeal Availability Doesn’t Automatically Bar Section 108 Revision: Allahabad 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.
