Goods and Services Tax
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Refund for unutilized ITC was not allowed except in specific circumstances u/s 54 of CGST
GST AAAR Ruling on Leasing Electric Vehicles Without Operator
AAAR Ruling on GST on Bakery Products and Services by Pioneer Bakers
Employer liable to pay damages for delay in transfer of EPF accumulations by Board of Trustees
GST Circular 243/2024: Clarification on GST Treatment of Vouchers
GST on Vouchers: The Circular That Clears the Confusion
इनपुट टैक्स क्रेडिट (ITC) में अस्वीकृत वस्तुओं और सेवायें
SCN & Order uploaded under Heading “View Additional Notices & Orders” not proper service
Join Us for a Transformative Webinar: Master GST Law with Practical Insights
10% pre-deposit required for further hearing on under declaration of Ineligible GST ITC
Understanding Treatment of Vouchers under GST: New Perspective
Failure to respond to SCN but found correct on inspection: Delhi HC directed for fresh order
Compulsory Mention of State Name on Tax Invoices for Services to Unregistered Recipients via ECO or Digital Platforms
Refusing petitioner as deemed owner without looking into online record through GISTIN not sustainable-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.
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