Goods and Services Tax
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GST Biometric Aadhaar Authentication Advisory for Rajasthan
A Complete Guide to Electronic Credit Reversal & Reclaimed Statements in GST
GST Notice/ Order shall be mandatorily be served through post or electronic mode
Whether ongoing audit can be transferred: Delhi HC to examine
Delay in submission of physical certified copy of order for appeal u/s. 107 under GST condoned
Transfer of Industrial Land under Assignment Agreement Not Liable for GST: Gujarat HC
No GST on Transfer of Leasehold Rights: Gujarat High Court
Bail Granted in ITC Evasion Case as Main Accused already Released
GSTN Enabled Rectification Application Under GST Notn. 22/2024
Nodal Officer Designation for IGST Act Section 14A(3)
CBIC Chairman Highlights: Pension Reforms, GST Evasion & Retirements
Madras HC Grants Gillette India Ltd. Chance to Respond to GST Demand with Rs. 1 Crore Payment
GST Limitation Provisions Should Be Liberally Interpreted for Genuine Hardships
Non-proper Officer could not make GST Investigation, Search, Seizure and Arrest on Tax Evasion on borrowed satisfaction
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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