ITAT Delhi held that incentives in the form of excise duty refund, sales tax remission, sales/ VAT input tax refund received ...

The Council reached a general approach on the directive on value added tax (VAT) rules for distance sales of imported goods and import VAT.

4. The contention of the petitioner was that, liquid Carbon Dioxide falls within Entry-100 (190) in Schedule-IV of the VAT ...

Last year marked a significant chapter in tax reform, with new laws enacted to amend and update the National Internal Revenue Code (Tax Code). Among these is Republic Act (RA) No. 12023, which imposes ...

"We are tired." This was the comment of Filipinos following the implementation of the law imposing a value-added tax (VAT) on ...

of the VAT return. Adjustments in the form of refunds of the 0.5% rate to customers and from suppliers must equally be reported in fields 12 and 18, respectively. The VAT return declarations made will ...

We have notified HMRC and completed VAT form 652 who have agreed to refund the £500,000 and we will refund the customer who will then pay HMRC. My question is that if we have overpaid on previous VAT ...

The ITR filing for the financial year 2024-25 is yet to commence as the Income Tax Department has not notified the ITR forms required to initiate tax filing. Last year, the department had notified ...

Salaried employees who file their income tax returns (ITRs) every year should be aware that the tax department has introduced some changes in the format of Form 16 related to tax deduction and ...

Our pensions can become one of the largest assets that we own, forming the basis of our family’s retirement security, but you may be putting this in jeopardy by failing to complete a key form, ...

Saudi Arabia has implemented a new regulation allowing tourists to claim refunds on the 15% value-added tax (VAT) paid on eligible goods and services, a move meant to strengthen its position in ...