You are in: Home >
Articles, tagged with "goods and services tax", page 1
Taxes
Goods and Services Tax in Malaysia may be implemented by the Malaysian Government somewhere in the third Quarter of 2011. 4% GST will replace the current sales and service tax currently levied at rates between 5% and 10%.Companies with revenue RM 500,000 ...
Author: lawcruxadvisors
Goods and Services Tax (Malaysia)
08th December 2011Goods and Services Tax in Malaysia may be implemented by the Malaysian Government somewhere in the third Quarter of 2011. 4% GST will replace the current sales and service tax currently levied at rates between 5% and 10%.Companies with revenue RM 500,000 ...
Author: lawcruxadvisors
Taxes
In Canada Goods and Services Tax (GST) is a multi-level value added tax introduced on January 1, 1991, by Prime Minister Brian Mulroney and Finance Minister Michael Wilson. The GST replaced a hidden 13.5% Manufacturers’ Sales Tax (MST); Mulroney claimed t...
Author: lawcruxadvisors
GST in CANADA
06th December 2011In Canada Goods and Services Tax (GST) is a multi-level value added tax introduced on January 1, 1991, by Prime Minister Brian Mulroney and Finance Minister Michael Wilson. The GST replaced a hidden 13.5% Manufacturers’ Sales Tax (MST); Mulroney claimed t...
Author: lawcruxadvisors
Taxes
The scheme of GST should be supported by a strong tax-administration infrastructure for it’s optimum success. Without an efficient tax-administration the implementation of goods and services tax will be just like pouring water in the bottomless bowl. So, ...
Author: lawcruxadvisors
TAX ADMINISTRATION IN GST REGIME
11th November 2011The scheme of GST should be supported by a strong tax-administration infrastructure for it’s optimum success. Without an efficient tax-administration the implementation of goods and services tax will be just like pouring water in the bottomless bowl. So, ...
Author: lawcruxadvisors
Taxes
GST is a destination based consumption tax. Consumption taxes are regressive in nature. It increases the gap between the rich and the poor. The pertinent point is whether such tax would be fruitful for the economy as a whole or not? Is it not so that shif...
Author: lawcruxadvisors
GST: IMPACT ON THE POOR
04th November 2011GST is a destination based consumption tax. Consumption taxes are regressive in nature. It increases the gap between the rich and the poor. The pertinent point is whether such tax would be fruitful for the economy as a whole or not? Is it not so that shif...
Author: lawcruxadvisors
Taxes
In our previous article we discussed about the Orissa’s demand to keep coal royalty out of the purview of the Goods and Service Tax (GST). That Orissa came out with a demand to keep coal royalty out of the purview of the Goods and Service Tax (GST). If it...
Author: Atul
Can petroleum products forms part of GST?
16th February 2011In our previous article we discussed about the Orissa’s demand to keep coal royalty out of the purview of the Goods and Service Tax (GST). That Orissa came out with a demand to keep coal royalty out of the purview of the Goods and Service Tax (GST). If it...
Author: Atul
Taxes
Just like all other years, year 2010 had also passed. We all would recall this year for different reasons and at different points of time in our life but our Finance Minister would definitely recall this and that too for an important reason i.e. Goods and...
Author: lawcruxadvisors
Can This New Year Bring Consensus
26th January 2011Just like all other years, year 2010 had also passed. We all would recall this year for different reasons and at different points of time in our life but our Finance Minister would definitely recall this and that too for an important reason i.e. Goods and...
Author: lawcruxadvisors
Taxes
As the future of the Goods and Services Tax is still uncertain in India but our efforts to elaborate the broader concept of “GST” will continue in the same manner. Even after facing such a huge setback on major issues such as GST structure, Constitutional...
Author: Atul
No Reduction In The Intensity Of GST Work
18th January 2011As the future of the Goods and Services Tax is still uncertain in India but our efforts to elaborate the broader concept of “GST” will continue in the same manner. Even after facing such a huge setback on major issues such as GST structure, Constitutional...
Author: Atul
Taxes
Finally the Finance Minister Mr. Pranab Mukherjee speaks about the future of the Goods and Service Tax and the words spoken by him were not surprising at all. GST is unlikely to be implemented from the scheduled date of April 1, 2011. Now he is looking...
Author: Sanjay Chauhan
GST WILL NOW MOVE WITH TORTOISE
13th January 2011Finally the Finance Minister Mr. Pranab Mukherjee speaks about the future of the Goods and Service Tax and the words spoken by him were not surprising at all. GST is unlikely to be implemented from the scheduled date of April 1, 2011. Now he is looking...
Author: Sanjay Chauhan
Taxes
The idea of dropping the most quarrelsome issue of Constitutional Amendment from the recently concluded meeting of the Empowered Committee of the State Finance Ministers didn’t work well for the Government as it also failed to provide any fruitful results...
Author: lawcruxadvisors
GOVERNMENT IS LOOSING ITS MOMENTUM
07th January 2011The idea of dropping the most quarrelsome issue of Constitutional Amendment from the recently concluded meeting of the Empowered Committee of the State Finance Ministers didn’t work well for the Government as it also failed to provide any fruitful results...
Author: lawcruxadvisors
Taxes
Goods and Services Tax (GST) is applied almost similarly to Value Added Tax (VAT) in most countries. It was implemented on April 1, 1994 in Singapore and was used as a guide on the UK VAT legislation and New Zealand legislation. Goods and Services Tax...
Author: Shayne
Singapore GST Services: About GST
24th November 2010Goods and Services Tax (GST) is applied almost similarly to Value Added Tax (VAT) in most countries. It was implemented on April 1, 1994 in Singapore and was used as a guide on the UK VAT legislation and New Zealand legislation. Goods and Services Tax...
Author: Shayne
Taxes
The act of smuggling is all about the importing and exporting of foreign products without authorization from the government, which controls customers and the boarders of each country. Smuggling is a means of avoiding having to pay for customs duties, whic...
Author: Frank Smith
Smuggling and Evasion of VAT: Getting Around Tax Laws and Customs
26th March 2010The act of smuggling is all about the importing and exporting of foreign products without authorization from the government, which controls customers and the boarders of each country. Smuggling is a means of avoiding having to pay for customs duties, whic...
Author: Frank Smith
Taxes
Axs Online Pvt. Ltd. is a reputed company, providing outsourcing tax return preparation. We also render outsourcing accounting and bookkeeping in a very affordable cost to CPA firms as well as small, medium and large businesses from our offshore center in...
Author: books2taxes01@gmail.com
Outsourcing Tax Return Preparation: Outsource Your Tax Return Burden
22nd March 2010Axs Online Pvt. Ltd. is a reputed company, providing outsourcing tax return preparation. We also render outsourcing accounting and bookkeeping in a very affordable cost to CPA firms as well as small, medium and large businesses from our offshore center in...
Author: books2taxes01@gmail.com
Taxes
V. Gangadharan The Goods and Service Tax (GST), a landmark in the history of tax reforms, after the implementation of VAT, has started its journey by the Finance Minister's public endorsement of the dual GST model. The dual GST model will comprise o...
Author: Taxmannlaw
Goods And Service Tax - A Consumption Based Destination Tax
16th September 2009V. Gangadharan The Goods and Service Tax (GST), a landmark in the history of tax reforms, after the implementation of VAT, has started its journey by the Finance Minister's public endorsement of the dual GST model. The dual GST model will comprise o...
Author: Taxmannlaw