Goods and Services Tax
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Section 7(1) of CGST Act – Supply by way of Transfer: Analysis & Case Laws
Contractors Entitled to Reimbursement for GST Impact on Indirect Transactions
Madras HC Orders Fresh Proceedings: GST Demand Differs from SCN
GST Liability on Capital Goods Sale: Section 18(6) vs. Rules 40(2) & 44(6)
KGST: HC Not Appellate Authority to examine merit of assessment/refund order
SC Upholds Time Limit under Section 38(3) for Refunds under Delhi VAT
Reassessment Order under OVAT Act Must Not Rely Solely on Tax Evasion Reports
Delhi HC quashes Refund rejection SCN and order issued by incompetent authority
Delhi HC Orders Re-Adjudication under CGST Act Section 73, Citing Violation of Natural Justice
Madras HC Directs GST Dept to Dispose of Rectification Petition | Roshan Fruits Case
Delhi HC Modifies Retrospective Cancellation of GST Registration
जीएसटी अपीलीय न्यायाधिकरण (GSTAT) में अध्यक्ष नियुक्त किया गया
Impact of phrase “Inter Alia” on CGST Act Section 129 Penalties
Whether there is any time limit for reavailment of credit (ITC)?
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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