If not the entire levy, the government could consider a rollback of the expanded scope of 2020 and 2021 vintage
In Covid-19 times, it would be imperative that the authorities account for business factors before giving any decision on ‘profiteering’
The year 2017 now stands etched as one of the most important years in the history of indirect taxes in…
Setting up of joint working groups is a welcome initiative by the government.
The proposed withdrawal of the upfront non-taxability of services exports may inhibit growth.
Budget 2017 proposals pivot around elimination of black money, promotion of a digital economy and easing norms for attracting foreign…
In a webinar BMR & Associates LLP tax experts Gokul Chaudhri and Rajeev Dimri analyse the fine print of Budget…
GST is expected to deal with the dual taxation issue over time, but there has to be clarity in the…
The introduction of GST in India is expected to repaint the picture of the Indian economy and facilitate the ease…
A nine-judge bench of the Supreme Court has recently upheld the validity of the states’ entry tax legislations, rejecting the…
With all the non-petro procurements of refining and marketing companies coming in loaded with GST, the set-off of such taxes…
A significant step forward towards GST implementation, the decision of all-powerful GST Council reaching consensus on a four-tiered GST rate…
The unstructured and differentiated approach to taxation of tobacco products must be replaced by a policy, whereby tobacco is taxed…
Governments, both at the Centre and state levels, would need to be mindful of the impact of tax reforms on…
By changing the characterisation in certain cases, the Model GST Law reverses the position making it mandatory for both businesses…
Uniform creditable taxes across India provide businesses an opportunity to structure supply chain on operational effectiveness rather than for tax…
The Cenvat Credit Rules (CCR), 2004, have seen substantial changes over 12 years and now come across as a comprehensive…
A categorical affirmation of implementation of GST including a time-frame for its introduction, though widely anticipated….
