The commerce department has asked the finance ministry to levy border adjustment tax (BAT) on imported goods to offset the impact of levies such as electricity duty, clean energy cess, levies on fuel and royalty that are not part of GST.
Source: a2ztaxcorp.com
Latest Posts in "India"
- CBIC Clarifies EPR Registration Verification for Importers of Plastic Packaging
- Tripura and Karnataka High Courts Clarify GST ITC and Refund Rules
- Supreme Court Rejects Centre’s Plea to Restore ₹363 Crore GST Demand on Vodafone Idea
- RCM Liability, Revenue Neutrality, and Penalty Upheld Under CGST and IGST Acts
- GSTN Enables Appeals Against NIL or Zero Demand Orders
