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Tax authorities alert foreign tech firms of GST to avert nasty surprises

Tax authorities alert foreign tech firms of GST to avert nasty surprises : Rashtra News #Tax #authorities #alert #foreign #tech #firms #GST #avert #nasty #surprises Mumbai: Indian tax authorities are alerting overseas gaming, fintech and content service providers in distant jurisdictions like the US, Malta, and Curacao about the goods and services tax (GST) law
Uday Pimprikar National Leader Central Board Indirect Taxes Indirect Tax Online Information Database Access

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Government exempts IGST on ocean freight from October 1

KPMG Indirect Tax Head & Partner Abhishek Jain said the amendments proposed are aligned with the apex courts ruling in the case of Mohit Minerals and help explicitly mention the governments alignment to the position. "While this has been issued prospectively, the industry has been seeking and successfully claiming refund of taxes already paid for the past period, where credit has not been availed," Jain added.
Abhishek Jain Mohit Minerals High Court Gujarat High Court Supreme Court Finance Ministry

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