Goods and Services Tax
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A Guide to Job Work Compliance Under GST Act 2017
GST Crackdown: 29,273 Bogus Firms Exposed, Evading Rs. 44,015 Cr; 121 Arrests Made
Download the Excel Format of the Tax Invoice in GST
Guide to GST Registration: Eligibility, Benefits & Documents
जीएसटीR-1 में नए संशोधन
Discussion about Table 14 & Table 15 in GSTR-1: E-Commerce Reporting Simplified
जीएसटी पोर्टल पर अपडेट
Chairman CBIC Weekly Newsletter – 08th January, 2024
Unraveling GST Litigation in India: Challenges, Scope and Resolutions
GST Refund Allowed for Matching Input & Output irrespective of tax rates
HC Quashes Order: AO Mistakenly Treated Imported Bone Meal as Timber
GST Refund cannot be denied solely for lack of authenticated document
Demand of Interest under GST in Recent Notices
Understanding GST Registration: A Comprehensive Guide
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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