The legislation, which was tabled on Wednesday, calls for a two-month break on the goods and services tax or harmonized sales ...
Christmas came early for the second time in a row for many taxpayers and tax professionals. The IRS has announced that it ...
The Kerala High Court recently adjudicated a case concerning the misclassification of GST Input Tax Credit (ITC) in the matter of Rejimon Padickapparambil Alex vs Union of India. The case revolved ...
The idea of a value-added tax (VAT) is a foreign concept to most ... VAT is applied to most goods and services but if you're planning on international travel, there's a good chance you can get ...
“However, e-invoicing has been implemented in many countries to complement the goods and services tax (GST) or value added tax. “It allows output tax and input tax to be matched, thus removing ...
The federal and provincial governments are offering tax rebates and breaks over the next few months. Here is a look at what ...
Canadians will soon receive a temporary tax break on several items, along with a one-time $250 rebate, Prime Minister Justin ...
5.3 Also, section 2 (19) of CGST Act defines “capital goods” as, “capital goods” means goods, the value of which is ...
Our government can’t set prices at the checkout, but we can put more money in people’s pockets,’ Canadian PM said in Toronto ...