The Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017. In other ...

Visit americanexpress.com to learn more. The idea of a value-added tax (VAT) is a foreign concept to most Americans. That puts us in the minority, though: VAT, a multi-layered tax applied at each ...

value-added taxes such as Australia’s Goods and Services Tax (GST). Most economically advanced countries have a value-added tax (VAT) or sales tax on consumption. This applies to domestic goods ...

For e commerce exports, GST has created an Integrated GST (IGST). Importing goods incurs an IGST whilst the exporting side is zero rated, which allows businesses to get refunds on money spent on ...

The corporate boards in the recent weeks are feeling nervous where no goods and services tax (GST) demand of any substantial ...

A pivotal case before the Bombay High Court is set to determine whether doughnuts should attract a 5 per cent or 18 per cent ...

The price hike resulting from the 18pc GST has pushed the cost of packaged milk close to Rs350 per litre, significantly ...

At the core of the dispute is whether doughnuts should be taxed as part of restaurant services, which carry a five per cent ...

Goods and Services Tax (GST) Council is in the final stages of reviewing GST structure and a reduction of the levy would happen soon, union finance minister Nirmala Sitharaman, who chairs the ...