VAT news tagged as "CST"

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, …


India

India VAT returns and payments improvements

February 2nd, 2014

A number of improvements to the Indian VAT compliance and administration procedures have been announced to help traders. India VAT is a state-level tax on the sale of goods.  These latest simplifications have come from the Delhi government. The changes include: The withdrawal of the length annual Audit Report filing A higher annual turnover threshold …