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UAE releases Federal Decree-Law on VAT

The United Arab Emirates (UAE) is all set to welcome the new Value Added Tax regime from January 2018. As part of achieving the deadline, the...

Finance Minister Arun Jaitley writes to State Chief Ministers to reduce burden of VAT on Petroleum...

VAT in UAE: All You Need to Know

Gujarat Govt Reduces VAT on Compressed Natural Gas to 6%

ICAI to Revise CA Syllabus to Incorporate GST Laws and CSR

No VAT on Sale of Demo Cars: Delhi HC [Read Order]

In a significant ruling, a division bench of the Delhi High Court held that VAT is not leviable on the sale of demo cars. A bench of Justices S Muralidhar and Chander Sekhar was hearing an appeal...

UAE’s Federal Tax Authority to Host Workshops on VAT

The Dubai Chamber of Commerce and Industry will host two workshops on VAT in Dubai in association with UAE’s Federal Tax Authority (FTA). This is to provide necessary guidelines for businessmen to...

GST Beneficial to Small Businesses, says Santosh Kumar Gangwar

The Government has received representations from small businesses relating to exemption from GST, reduction in applicable rates of GST, and product and area wise exemptions. The GST rates on supply of...

Service of Terminalling and Storage of LPG would not attract VAT: Madras HC [Read Order]

The Value Added Tax (VAT) cannot be imposed on service of terminalling and storage of LPG under the Tamil Nadu Value Added Tax (TNVAT) Act since the same is already subjected to Service Tax, Madras...

Andaman & Nicobar Govt Issues Regulations to Impose VAT on Goods Excluded from GST [Read Notification]

The Government of the Andaman & Nicobar issued regulations to impose Value Added Tax (VAT) on goods not covered under the new Goods and Services Tax (GST) law. GST was launched in the country...

Odisha Cabinet Approves Revised GST Rates

The Odisha Cabinet today approved 19 proposals, including revised GST rates. The State Cabinet has granted its nod for the revised Goods and Services Tax (GST) rates and provided its consent for...

WB Govt Prohibits Tax Deduction/ Collection under WB VAT Act till the Implementation of TDS/TCS provisions under GST [Read Circular]

Though India has implemented GST laws, some of the provisions of the Acts are still not come into force due to some practical issues. The Government had decided to defer the implementation of...

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