The telecom regulator’s refusal to accept revenue sharing fees from the mobile phone operators has created uncertainty over VAT settlement.
The revenue board issued a circular in this regard, asking VAT payers to take the 13-digit Vat online registration number, instead of old nine or 11 digits by the deadline
Global technology giant Google has requested the National Board of Revenue to bring amendments and clarifications in the VAT law to allow the company to obtain VAT registration on its own and to pay the indirect tax...
Value-added tax collection from large manufacturing companies may face a blow as the companies are claiming higher amounts of refund against some ‘unusual inputs’ in absence of definition of inputs required for...
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