Foreign Tourists To Claim GST Refunds At Airport Soon
Foreign tourist will soon feel relief from GST as they will be able to claim GST refund before leaving an airport.
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Foreign tourist will soon feel relief from GST as they will be able to claim GST refund before leaving an airport.
Under GST provisions, the government collects integrated tax for Goods and Services utilization and later share this collection between the centre and states.
Seeking the sudden action on the announcement of levy of Goods and Services from ‘duty-free’ vendors at airports for international passengers from Authority for Advance Ruling (AAR), New Delhi in March 2018.
This time, Monsoon is very early in southern part of India. Even the rain-rescue products are decorated on shops in the city markets.
The Authority for Advance Ruling (AAR) has passed an order mentioning that now the sale of ‘Going Concern’ of a business will be exempted from Goods and Services Tax (GST).
Jo Bello, PwC’s global indirect tax leader, who has more than 20 years of experience in the international VAT, said that the accomplishments of the online Goods and Services Tax (GST) in the country have further encouraged the common European trading bloc to experiment along with uniform producer levy.
GST Council has announced that GSTR-1 filing period for monthly and quarterly return is reduced to 30 days from earlier 40 days. Now, the traders who are making arrangements to file GST returns on 10 June for April month
Malaysia is thinking to discard the goods and services tax (GST) in the country. It has been three years of GST roll out in Malaysia and it is advisable for India to move deliberately in the upcoming years as India also needs to stabilize the new indirect tax regime rolled out in July 2017.
According to the sources of Legal Metrology department, approximately 78 cases registered against wholesale retailers and big supermarkets in the Vijayawada on 14 May 2018.