GST in India is now nearly six years old and appears to be more or less settled in terms of its scope. Every now and then there are voices raised on inclusion of petroleum products into the GST net, more so to allow input tax credit which may lead to some cost control. However, there has never been a convincing claim in these years to include alco-beverage sector into the GST fold.
Read more at: Taxguru
Latest Posts in "India"
- Meghalaya Extends VAT Exemption on Fruit Wine to 10 Years, Boosting Local Wine Industry
- Allahabad HC: Arbitrary GST Registration Cancellations Without Reasons Amount to ‘Economic Death’ for Businesses
- Chennai Fake GST Invoice Racket Busted; ₹350 Crore Evasion Suspected, Prime Accused Arrested
- Overpaid GST: Rectification or Refund? Understanding When to Adjust and When to Claim Refund
- Insurance Brokers Push for Zero-Rated GST to Restore Input Tax Credit and Prevent Premium Hikes
