Debit Notes News Today

Importers and Exporters at the nation’s ports are currently counting their losses following the hike in the exchange rate for cargo clearance by the

KARACHI: The FBR portal ‘IRIS’ has stopped incorporating credit notes during the process of filing of sales tax...

GST Nil Return: What are the rules filing process & Penalties for nil return in GST? Important Information Before Filing (Nil Return) And A GSTR-1 For GST Return 1,

Read more about China's updated import and export tax rates and customs duties, as well as key issues that foreign companies should take note of.

TDT | Manama The Daily Tribune – www.newsofbahrain.com MMJS Consulting in Bahrain organised...

The 9 percent tax is available for certain goods that fall mainly within the categories of agricultural and utility items, while the 13 percent tax applies to other goods subject to the VAT like manufactured goods. Taxable services provided by foreign entities or individuals in China are subject to 6 percent of VAT as before. The import VAT can be calculated based on the following formula: Import VAT = Composite Assessable Price × VAT Rate                      = (Duty-Paid ...