Goods and Services Tax
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GST Rate On Supply of Jewellery With Watch Is In Dispute
Delhi HC Orders GST Registration Cancellation from SCN Date, Not Retrospective
L&T Hydrocarbon Engineering GST Classification: Appellate Authority’s Ruling
Kalpataru Projects GST Classification: Appellate Authority’s Ruling
ION Exchange GST Classification: Appellate Authority’s Ruling
Classification of Services Provided by Petrofac International UAE LLC (GST AAAR Rajasthan)
AAAR cannot review AAR decisions made under Section 104 of CGST ACT
No Advance Ruling for Pre-Application Supplies: GST AAAR Rajasthan
Some issues in Refund of unutilized ITC under GST
GST Registration requirements (Analysis of Section 22, 23 & 24 of CGST Act, 2017)
Applicant cannot seek an advance ruling on a completed transaction
Carbon Friction Strips Bonding to Metal is Job Work Services under SAC 9988
GST Classification and Taxation of Fuel Injection Pump Parts: AAR Tamilnadu Ruling
No ITC for tax paid due to fraud, willful misstatement, or suppression of facts
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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