Goods and Services Tax
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Legality of Fantasy Sports Games in India
Input Service Distribution – Certain Technical Aspects
Applicability of GST under RCM in case of ROC Fees
Forward Charge Mechanism under GST?
N.B.S. Crackle is an industrial input & cannot be classified as sugar boiled confectionery
No Reversal of ITC on financial credit note in relation to post sale discount
SOP for Scrutiny of GST Returns for FY 2019-20 onwards
GST rate on Samosa, Kachori, etc. – Trade Practice vs. Revenue Contentions
GSTAT Constitution – Whether all defects cured by Finance Act, 2023 !
Non constitution of GSTAT in Bihar- HC Grants stay subject to 20% Tax payment
GST: Turnover relating to different states needs to be assessed separately
‘Call Book – Defence against GST litigation’
Weekly newsletter from Chairman, CBIC dated 25/05/2023
GST: Bank Account attachment without Notice: HC Quashes Writ & directs to file appeal
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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