Value Added Tax (VAT)

RECENT NEWS
The Economic Times  Aug 18  Comment 
Inputs like natural gas are used for power generation as well as in manufacturing fertiliser, petrochemicals and a variety of products like glass.
The Economic Times  Aug 17  Comment 
Ghee, which is a major product sold during festivities, had attracted a 5% value-added tax (VAT) earlier in the North as against a 14.5% VAT charged in the South.
The Hindu Business Line  Jul 12  Comment 
Gross revenue collection in Tamil Nadu has grown 10 per cent in 2016-17 over that of the previous year, thanks to VAT collection. However, revenue from registrations has taken a beating, reflecting t...
The Hindu Business Line  Jul 11  Comment 
Aviation turbine fuel for aircraft that will operate under the proposed Regional Connectivity Scheme UDAN will be eligible for a concessional value added tax of 1 per cent in Tamil Nadu.The Commercial...
The Hindu Business Line  Jul 2  Comment 
Large commodity businesses do not have much to complain as the changeover to the GST regime has been smooth, said industry representatives. Preparations for the transition to the new indirect tax str...
Financial Times  Jun 28  Comment 
UK lawyer claims app should be collecting tax and providing receipts to passengers
The Economic Times  Jun 28  Comment 
There are expectations that GST will boost India’s GDP growth by 150-200 basis points.
Forbes  Jun 20  Comment 
eBay recently announced that sellers on its U.K. platform will be required to pay a 20% value-added tax on fees paid to the company beginning August this year. The new VAT is applicable to sellers that have annual turnover (sum total of all goods...
BBC News  Jun 15  Comment 
Bridge is a sport and so should be exempt from VAT for entry fees to tournaments, court rules.
The Hindu Business Line  Jun 11  Comment 
CBEC and Service Tax Department along with Commercial Tax Department should work in unison for the smooth implementation of Goods and Services Tax regime in Kerala, said Pullela Nageswara Rao, Chief C...




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