Author: Yujin Weng

India GST, tax reform

India Now Expected to Move to a GST on July 1, 2017 – Businesses Must Get Ready

February 3, 2017, 2:34 pm EDT in Blog, Value-Added Tax

India has debated moving to a Goods and Service Tax (GST) for over 16 years. However, recent developments — many of which have been reported in this blog — strongly point toward the country adopting a GST in the next several months.Since the Government ratified the GST Constitution Amendment Act...

Breaking News: Movement to GST in India Likely to Take Place in July

January 19, 2017, 3:58 pm EDT in Blog, Value-Added Tax

India’s GST Council announced changes early this week that make movement to GST on July 1 likely, providing much needed clarity for business preparing for the change.The announced measures include the following:State authorities will assess 90% of the GST registrants with annual turnover of Rs 1.5 Crores or less. ...

Goods and Services Tax (GST) in India a Real Possibility for 2017

September 2, 2016, 10:22 am EDT in Blog

Since the beginning of the new Millennium, India has repeatedly flirted with the idea of imposing a nationwide Goods and Services Tax (GST). However, legislative activity that has taken place over the last few weeks indicates concrete momentum towards this long-standing goal. The GST Constitution Amendment Bill The GST Constitution Amendment Bill...