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Stories that are tagged 'goods and services tax (GST)'

Indian FM Wants To Alleviate VAT Burden For Manufacturers

by Mary Swire,, Hong Kong

Last updated 16 hours ago | Monday, August 21, 2017

India's Finance Minister, Arun Jaitley, on August 18 wrote to state chief ministers to urge them to reduce the indirect tax burden on manufacturers. Read Full Story


Australia Passes Wine Equalisation Tax Rebate Bill

by Mary Swire,, Hong Kong

Thursday, August 17, 2017

The Australian Government has passed legislation that will tighten the eligibility criteria for the Wine Equalisation Tax rebate and prevent the rebate being claimed multiple times on the same wine. Read Full Story


Australia To Alter Tobacco Duties

by Mary Swire,, Hong Kong

Thursday, August 10, 2017

The Australian parliament has passed legislation to ensure parity in the taxation of manufactured cigarettes and loose leaf tobacco. Read Full Story


Aus Black Economy Taskforce Outlines Policy Options

by Mary Swire,, Hong Kong

Wednesday, August 2, 2017

The taskforce charged with tackling the black economy in Australia is seeking feedback on proposed policy responses. Read Full Story


Canadian Tax Revenues Off To A Good Start In 2017-18

by Mike Godfrey,, Washington

Monday, July 31, 2017

Canadian tax revenues for the first two months of the 2017-18 fiscal year were up 4.7 percent on the same period in 2016-17, according to the latest Fiscal Monitor. Read Full Story


India To Stop Businesses From Profiting From GST

by Mary Swire,, Hong Kong

Wednesday, July 26, 2017

It was announced on July 25 that India's GST Council has formed a selection committee to recommend appointees for a new national anti-profiteering authority. Read Full Story


Aus GST Distribution System 'Hurting Mining States'

by Mary Swire,, Hong Kong

Monday, July 24, 2017

The Minerals Council of Australia has said that under the current distribution system, Western Australia loses more in goods and services tax than it collects in iron ore royalties. Read Full Story


Think Tank Warns Canada Against Over-Taxing Cannabis

by Mike Godfrey,, Washington

Thursday, July 20, 2017

The CD Howe Institute has warned the Canadian Government against imposing overly high taxes on the sale of recreational cannabis, which it said would only encourage consumers to switch to illegal supply. Read Full Story


India Confirms Reverse Charge GST On Legal Services

by Mary Swire,, Hong Kong

Thursday, July 20, 2017

The Indian Government has said that all legal services provided to a business should be subject to goods and services tax under a reverse charge. Read Full Story


India Tinkers With Tobacco Tax Level

by Mary Swire,, Hong Kong

Wednesday, July 19, 2017

India's Goods and Services Tax Council has decided to increase taxes on cigarettes, following an unintended tax windfall for the industry. Read Full Story




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