BANGLADESH
- 15% VAT on import of software proposed
- Budget for FY 2023-24: 5% VAT on software production and customization services
- Budget for FY 2023-24: Various VAT rate changes proposed
- Govt to Withdraw 5% Advance Tax on Fuel Import
- Metro Rail gets VAT Exemption from Ticket Sales
- NBR waives 7.5pc VAT on aluminium scraps, wastes
- VAT on essential commodities go up, raw materials down
- VAT on Essentials Up, Raw Materials Down
- VAT on sweets may be cut
- VAT Waiver Planned for Potential Recycled Clothing Backward Industry
FIJI
- 14% VAT Rate is the Most Sustainable – Fiscal Review Committee
- Chamber opposes idea to increase VAT
- Committee defends VAT increase move
- Fiji Proposes Increase to VAT Rate, Adjusts Custom and Excise Duty Rates on Various Items in Budget 2023-2024
- Fiji raises VAT to 15% August 2023
- Fiscal committee suggests tax review for NGOs’ relief
- Govt would Probably Collect about $200 to $220m if 0% VAT on Basic Items is Taken Off – Naidu
- Naidu: Reducing VAT was a big mistake
- PM on 15pc VAT Proposed by World Bank: Its Too Much
- Some People are Lying that VAT has been Increased by 15% – Deputy PM
- VAT increase and its consequences
- VAT rates will be replaced with a simplified twoVAT rate system
- Zero-Rating Stays where it is, Current Rate of 9% VAT will Increase – Prof. Prasad
INDIA
- 50th GST Council meeting on 11 July: Here’s what is expected
- Automobile industry seeks 5% GST for 2-wheelers running on flex fuel, official says
- CAIT Calls For Reducing GST On Beverages
- Confederation of All India Traders: Reduce GST rate on beverages; releases white paper
- Flat buyers will face 18% GST on open car parks’ sale
- Gom Council to refer GST rate cut for cement to GoM
- GST council must distinguish between betting-related, skill-based online games: Former CBIC chair
- GST Rate rationalisation exercise is unlikely to be taken up soon says CBIC Chief Vivek Johri
- Punjab hikes VAT on petrol, diesel; check latest fuel prices
- Rummy, whether played offline or online with stakes or without stakes, is not gambling
- Traders federation seeks uniform 10 percent GST
INDONESIA
- A Guide to Value Added Tax in Indonesia
- VAT on the sales/delivery of gold jewelry, gold bars, jewelry crafted entirely from non-gold material, gemstones and/or other similar stones, as well as services related…
JAPAN
NEPAL
- FinMin Mahat clarifies that govt imposed VAT on potato and onion to protect and boost the domestic production
- NATTA concerned over imposition of 13 percent VAT on air-travel tickets
PAKISTAN
- Govt to keep GST unchanged at 18pc
- Pakistan Lower House 2023 draft Finance Bill amends sales tax schedules for specific goods
PHILIPPINES
- BIR Addresses Exporters’ VAT Zero-Rated Concerns
- BPOs welcome ‘clarity’ after VAT zero-rating ruling
- Clarifications on the entitlement of economic zone developers and operators to VAT zero-rating
- DOF to review proposed VAT exemptions
- Dropping the VAT zero-rating certification requirement
- Ecozone Developers Conditionally Eligible for VAT Zero Rating Status
- Guidance on Application of VAT to Registered Export Enterprise
- Heated Debate on VAT Cut Bill
- Negative List for VAT Zero-Rating
- Regulations provide updates to VAT zero-rating certification
- Senator Lapid Bill Seeks To Expand Discount, VAT Exemption For Elderlies
- Tax Notes: BIR prior Approval on VAT Zero-Rating of Qualified Purchases of Registered Export Enterprises (REEs) no Longer Required
SINGAPORE
- E-tax guide for businesses on upcoming 2024 GST rate adjustment
- Further guidance regarding the GST rate change
- IRAS e-Tax Guide 2024 GST Rate Change: A Guide for GST-registered Businesses (First Edition)
- Singapore GST Rate Change: Important Updates and Preparations
- Singapore Updates Guidance on 2024 GST Rate Change
SOUTH KOREA
THAILAND
- Economists Urge Next Government to Increase VAT, not Capital Gains Tax
- Ministry Sets Targets for Tax Reform
- Thailand VAT: Unveiling the Intricacies
VIETNAM
- 2% VAT cut proposal submitted to National Assembly
- 2% VAT rate reduction receives go-ahead from government for 2023
- 2% VAT reduction: It Takes a Long Time to be Effective
- From July 1, reducing value added tax 2%
- Government approves VAT cut proposal
- Government Firm on not Extending 6-Month VAT Rebate
- Government Proposes National Assembly Consider 2% Reduction in VAT in Coming Agenda
- Key lawmakers okay VAT cuts on selected goods and services
- Leaders question validity of short-term VAT fix to support business community
- Legislators Work on Further Application of 2% VAT Reduction
- National Assembly approves extension of VAT cut until year’s end
- National Assembly deputies are pushing hard for extended VAT cuts
- National Assembly’s Finance and Budget Committee supports slashing VAT
- Parliament Approves Extension of VAT Cut Until Year’s End
- Real estate, securities, insurance businesses not subject to VAT cut proposal
- Resolution 72/NQ-CP approves to reduce VAT rates for certain goods and services from 10% to 8% until December 31, 2023
- The Government Proposes to the National Assembly to Reduce VAT at the May Meeting
- The VAT reduction from 10% to 8% may be implemented using two methods
- VAT cut Proposed for Extension until Late 2024
- VAT Cut to affect Price Controls on Some Goods and Services: VCCI
- Vietnam Extend 2% VAT Cut till End 2023
- Vietnam Lowers VAT to 8% again amid Economic Headwinds
- Vietnam plans no VAT cuts for banking, property sectors
- Vietnam plans to cut VAT to boost domestic spending
- Vietnam Temporary 2% VAT Rate Reduction from July 1, 2023 until December 31, 2023
- Vietnam to extend VAT cut until year-end to prop up slowing economy
- Vietnam: Government approves resolution for reduction of VAT rates on specific goods and services
- Vietnam’s National Assembly Approves VAT Rate Reduction to Boost Economy
