Value Added Tax (VAT)

RECENT NEWS  Nov 28  Comment 
Guardian investigation finds goods such as iPads and laptops being sold tax-free Huge numbers of VAT fraudsters are illegally selling goods tax-free to British shoppers on Amazon and eBay this Christmas, despite new government efforts to crack...
BBC News  Nov 24  Comment 
Significant changes have been announced for the amount of VAT that many small businesses will have to pay.
The Hindu Business Line  Oct 12  Comment 
Bio-diesel Association of India (BDAI) today said it has sought relaxation of VAT on blending of bio-diesel for promoting green fuel blending and energy security in the country. BDAI has also reque...  Sep 30  Comment 
STOCKHOLM (dpa-AFX) - Hennes & Mauritz AB (HNNMY.PK, HMRZF.PK, HEN.L) reported third-quarter profit after tax of 4.82 billion Swedish kronor compared to 5.31 billion kronor, last year. Earnings per share was 2.91 krona compared to 3.21 krona. The...
The Hindu Business Line  Sep 18  Comment 
Fate of Empowered Committee still uncertain
The Economic Times  Sep 16  Comment 
"The decision is taken to garner additional revenue. Instead of going in for ad-valorem where VAT is revised in percentage, the state government preferred to increase VAT in rupees."  Sep 15  Comment 
STOCKHOLM (dpa-AFX) - H&M group (HNNMY.PK, HMRZF.PK, HEN.L) reported that its sales including VAT increased by 7 percent in local currencies in August 2016 compared to the same month the previous year. The Group noted that its sales were...  Sep 13  Comment 
The new chancellor should use the period of relative calm – in growth and inflation – to boost investment Economic data is viewed these days through the prism of the vote for Brexit and its implications for the chancellor’s autumn statement...
BBC News  Sep 11  Comment 
Safari operators and banks in Tanzania are being asked to stump-up value added tax.
The Economic Times  Aug 30  Comment 
"Goods fully exempted from the levy of excise duty and VAT by all the states be categorised as exempted goods in the GST regime as well," FICCI said in a release.

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