Tag: indirect taxes
Posted in Economy
In preparation for GST rate rationalisation, product categories’ fine-tuning begins
Ahead of the goods and services tax rate rationalisation exercise, the Central Board of Indirect Taxes and Customs has initiated a process of overhauling the…
Posted in Business
6 years of GST: Tracing role of Manmohan, Vajpayee, Jaitley, and others
With the implementation of a Goods and Services Tax (GST) on July 1 2017, India took a huge step towards modifying its indirect taxation system….
Posted in Economy
export obligation default: FinMin operationalises amnesty scheme for traders failing to meet export obligation
The finance ministry has operationalised the amnesty scheme for traders who defaulted in export obligation under the Advance and EPCG authorisation scheme. As per the…