Value added tax (VAT) or goods and services tax (GST), also known as indirect taxes, are consumption taxes levied on any value that is added to a product. These are considered indirect taxes since the ...
The recent GST reset of slabs and rates was welcome, but not enough. Removing anomalies in GST’s input tax credit system ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Michael Boyle is an experienced financial ...
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Chhattisgarh Waives VAT Dues Up to ₹25,000, Over 40,000 Traders to Benefit As GST Amendments Cleared
Raipur: Small traders can heave a sigh of relief as the Chhattisgarh government has decided to waive VAT dues of up to Rs 25,000 in cases pending for more than 10 years, officials said on Saturday.
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How the recent GST reforms have added to the burden of MSMEs by creating an inverted duty structure in some segments
Tarun Goyal Manufactures aluminium cookware in Jagadhri, Haryana. He has mixed views about the recent changes to the Goods and Services Tax (GST). A lower tax on utensils under GST 2.0 is expected to ...
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