The thorny problem of simplifying the returns and taking the best out of the revenue model (comprehensively cover the parallel economy) to get maximum tax and..
GST compliance would be important for any tax compliant entity. In this year of a changing law ( 260 Notifications, 1000s FAQS, Twitter, numerous circular)one..
The tug of war of the revenue to include every cost incurred by the supplier in the value of goods and services and the efforts of tax payers seeking out ded..
Introduction: The free movement of goods across India without any checkposts in between
Importance of ClassificationThe revenue department could object to the rate adopted or exemption
The success of GST would largely depend on how the resistance to change which is inbuilt in humans is dissipated. The ethical needs and ground realities of ..
Wishing all readers a wonderful fulfilling and empowered 2018.The introduction of the VAT in UAE from 1st January 2018 has opened up an ocean of opportunities
ITC availment/ optimisation would ensure that the business margins are intact. Industry needs to represent to get restrictions removed.
Large number of smaller entrepreneurs are impacted adversely by the present provision. The need for some correction is very high.
Taking classification or claiming the exemption when not available is a disaster in waiting compoiunded by passage of time.