Goods and Services Tax
Log in to FollowGoods and Services Tax India: Read all latest GST news, articles, notification, circulars, case laws news on, MVAT DVAT PVAT GST GSTN IGST CGST GST Council GST Rates SGST GST Forms GST Rules.
KVAT: Kerala HC Dismisses Writ petition for Lack of Merit
GST authorities must diligently verify documentation before imposing penalties
Absence of a specified hearing date in show cause notice renders it invalid
GST: Tax Evasion Intention Essential for Section 129 Penalty
Madhya Pradesh GST Dept. Extends Appeal Deadline to March 31, 2025
If tax liability including interest has been paid subsequently SCN cannot be issued
GST registration Cancellation, Suspension and revocation
Choosing RCM or FCM on GST portal – GTA taxpayers
Classification of Jac Olivol Body Oil: HSN 3004 or HSN 3304? No Ruling by AAAR
Analysis of GST Liability for Fair Price Shops by AAAR West Bengal
Refund Process under GST across Different Categories
Tax Compliances/Task to do on or before 31st March 2024
GST Refund Appeal: HC allowed condonation of delay of 7 months
Advisory on GSTR-1/IFF: Introduction of New 14A and 15A tables
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.
At Taxguru, we provide all the latest GST news to our viewers. Our group of expert keep a close check on all the latest developments and provide a comprehensive analysis on GST updates. We keep updating our portal with articles on GST for the enlightening our readers. Bookmark us for all the GST articles and much more on GST.
