Goods and Services Tax
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SC quashes condition of deposit for granting bail
Advisory on GST Document Reference Number (RFN) in offline communications
GST: Division Bench of Calcutta High Court Set aside the Adjudication order on facts
GST Collection In April, 2023 At Record High
Time barring of Scrutiny of GST Returns of Delhi taxpayers
New functionalities in ADVAIT to detect outliers & anomalies in GST & Customs
Benefits under GST for registered persons supplying via e-commerce operators
Refund for Zero Rated Supply to SEZ unit/Developer without GST payment
GST revenue collection for April 2023 highest ever at Rs 1.87 lakh crore
GST: Section 80 benefit not available if Assessee not filed returns & not paid tax
GST ITC Reversal
New Facility to Verify RFN on Offline Communications from State GST Authoritie
GST: HC quashes Ex-parte order passed merely on SIB report without providing report
GST Act मे सेक्शन 62 के अन्तर्गत मूल्यांकन
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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