Goods and Services Tax
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Services rendered by subsidiary of foreign company to its holding is export services
Kerala HC upholds validity of Section 16(2)(c) and 16(4) of CGST Act
GST on services related to transmission and distribution of electricity
Credit notes and Debit notes under GST
Section 16(2)(c) & 16(4) Validity, ITC availment deadline Shifted to November
ITC not admissible in case of Rotary Car Parking System: AAR Tamil Nadu
Weekly Newsletter from CBIC Chairman – June 10, 2024
TNVAT – Tax Department Can Summon Records Post Assessment: Madras HC
Delhi HC Quashes ₹12 Lakh GST Demand Due to Improper Notice & directs re-adjudication
Delhi HC Directs Disposal of GST Registration Cancellation Application
Proper Officer’s Incomplete Consideration of Petitioner’s Reply: Delhi HC directs Re-adjudication
Tax reports can be upheld without cross-examination if principles of natural justice followed
Interest Calculation from DVAT Tribunal Order Date: Delhi HC
DGGI Officer empowered to issue SCN: Madras 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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