VATupdate

VAT payer mobilized to the Armed Forces of Ukraine: can we count on exemption from reporting?

The Main Department of the State Tax Service in Cherkasy region informs  taxpayers that in accordance with the requirements of part three of Art. 39 of the Law of Ukraine of March 25, 1992 № 2232-XII “On military duty and military...

New HMRC guidance for opticians and hearing aid dispensers

HMRC has published a new Revenue & Customs Brief which outlines a change a policy with regards to the VAT position for dispensers of spectacles, contact lenses and hearing aids.
Source: saffery.com

Has the Finance Act, 2019 Resolved the Issues around VAT Application on Lease holds in Nigeria?

The applicability of Value Added Tax (VAT) to rental income derived from property leases in Nigeria has been the subject of controversy. This stems from the uncertainty as to whether leases, in the first place, constitute “supply of goods and...

India Inc frets over supply mismatches due to launch of e-invoicing in Oct

Says frequent changes in format prevent companies from preparing for it, fears drop in GST collections if made mandatory
Source: business-standard.com

E-Invoicing Eligibility

In this article, we will help you understand the categories of taxpayers for whom e-Invoicing is applicable:

E-Invoicing Applicability

Taxpayers Exempted From E-Invoicing

E-Invoicing Eligibility Check

Source: mastersindia.co

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