VAT news tagged as "Bill"

India

India discusses new GST law

October 20th, 2015

Whilst doubts remain about the implementation date of the new Indian Goods & Services Tax (GST), the state finance ministers have begun to review a draft new law covering compliance and returns. Delayed GST implementation Indian GST will replace the antiquated VAT and Service Tax which had proved restrictive to developing an internal manufacturing sector. …


India

India moves towards GST Bill in the Autumn

August 9th, 2014

India is hopeful of introducing a much-anticipated Goods & Services (GST) introduction Bill this winter. It is hoped that consensus will be reached with the 29 States by late September, paving the way for the introduction of a Bill before the year end. The have been many attempts to reform the creaking Indian VAT system, …