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M Vinod Kumar, Chief Commissioner of Central Excise stated that the Goods and Service Tax (GST Council) will decide on applicable tax rates for commodities on 18th May.
GST is a new taxation structure which is almost ready to imply all over the nation but not only a professional but as well as businessmen or small traders are also confused related to the calculation of GST tax. There are lots of issues that are related to GST. So before the discussion related to tax calculation on GST here, We must understand the term which is used in the calculation of Tax.
No result found! Clear search 1. Overview of Goods and Services Tax (GST) 1. What is Goods and Services Tax(GST)? It is a destination-based tax on the consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous […]
Even after almost a month of the launch of GST in India, people and businesses are still struggling to accept it completely. Let’s see how people from different areas are reacting to GST and what are their concerns.
The Andhra Pradesh High Court in a case mentioned that the petitioner can contest the cancellation of GST (Goods And Service Tax) registration by availing remedy u/s 30 of CGST (Central Goods And Service Tax) Act and disposed of the writ petition. The applicant Madeena Steels, proprietor is in the business of purchase and sale […]
The Madras High Court in a ruling set aside the GST demand order issued on rent-free canteen utilities. The court remanded the case for reconsideration since the taxpayer’s submission had not been regarded by the GST department. The taxpayer, M/s.Erode Medical Centre filed a writ petition contesting the GST demand order based on non-application of […]
A GST assessment order has been set aside by the Madras HC as the applicant does not know the proceedings on the portal and asked for a new assessment with a chance to get heard. On the ground of a violation of principles of natural justice the assessment order has been quashed by the applicant, […]
The controversial problem of retrospective cancellation of GST registration for the case of Shree Bankey Bihari Trading Company vs. Principal Commissioner of the Department of Trade and Taxes and Another has been addressed by the Delhi High Court. The ruling of the court mentioned that the restrictions on these cancellations especially concentrate on the effective […]
A Goods and Services Tax (GST) demand order has been set aside by the Madras High Court and asked the respondent to reconsider the case, allotting the applicant a personal hearing on the foundation that the order was held with no reason and losses to acknowledge the response of the applicant. The plea aimed to […]
