Goods and Services Tax
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U.P. Sales Tax: Toughened Glass classifiable as Goods & Wares Made of Glass: SC
Calcutta HC Dismisses Writ Petitions Challenging Preliminary Reports on Tax Investigation
Madras HC Sets Aside GST Demand Without Opportunity of Being Heard
Extended period of limitation not invocable as mandatory twin factors missing
Rejection cannot be rejected on mere technicality if all substantive conditions satisfied
Navigating the Ambiguity: Blocked Credit on Motor Vehicles for R&D Purposes
CCI Drops Anti-Profiteering Proceedings Against SJP Hotel & Resorts Pvt. Ltd
CCI Drops Anti-Profiteering Proceedings Against Maheshwari Infratech Pvt Ltd
CCI Directs DGAP to Investigate Sanghvi Premises Pvt. Ltd
Striking a Balance between Game of Skill, Game of Chance and Game of GST
Supply of services by Co-venture to the business attracts GST
Input tax credit cannot be claimed beyond the statutory time limit: AP HC
Telephonic Conversation of GST Officer with Assessee cannot be treated as personal hearing
Maharashtra Goods and Services Tax (Amendment) Act, 2023
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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