Goods and Services Tax
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Inverted Duty Structure and Refund criteria under GST Law
HSN codes applicable for Sweets and Snacks Manufacturers
Cross Department investigation, is without jurisdiction: Madras HC
20% Pre-deposit for GST Appeal not includes Interest: Calcutta HC
Rajasthan HC: Can Granted ITC Refunds be Recalled for Department Adjudication?
GST not payable on amount recovered from permanent employees for canteen facility provided by employer
Demand should not be raised when negative taxable & invoice value arise due to erroneous reporting of Credit Notes
Introduction to Goods and Service Tax
Section 149 of Customs Act is an additional remedy for amendment of Bill of Entry: Kerala HC
Madras HC Sets Aside GST Order: Opportunity to Hearing Denied
Licensing services of film distribution classifiable under SAC 999614: AAAR Karnataka
GST exempt on Teachers & Lecturers Supply to BBMP Schools: AAR Karnataka
ITC on Construction Materials & Supplies: AAR rejects application
GST on Clinical Key Subscription services to AIIMS
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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