Doing away with multiple tax rates, phasing out of various exemptions, and changing credit rules and regulations can set a…
The Supreme Court judgment in the TVS Motor case should bring clarity on the issue of pre-delivery inspection (PDI) and…
The existing advance-ruling mechanisms of the states offer interesting policy choices
The structure-related recommendations in the report endorse the idea of the GST in its actual spirit
Despite amendments, confusion persists on MRP-labelling for imported goods vis-a-vis taxation
There seems to be no valid reason for the grace period of full one year
The fate of the Bill in the Rajya Sabha would determine the implementation of GST from April 1, 2016
The government must clarify the applicability of service tax norms on statutory bodies.
They are the biggest hurdle in a free-market regime
Service tax norms for aggregators need more clarity.
Introduction of service tax on packaged software has made the industry feel the affects of double taxation.
In a significant change in taxation of transactions for sale of property before construction is completed, the Finance Bill 2010…
One of the key expectations from Budget 2010 was that of a revised timeline for implementation of goods and service…
Internationally, goods and services tax is understood as a destination-based consumption tax, covering all value additions to goods and services.
India-Association of South East Nations and India-Korea Free Trade Agreement emerged from the Indian government?s ?Look East? policy to tap…
Introduction of goods and services tax is now a certainty, though the timing is currently being debated. Given that it…
Customs and Trade Compliance, as a concept, has been historically incubating under the shadow of matured business functions like tax,…
In a significant step towards rationalising the indirect tax framework of the country, the Empowered Committee has released a first…
