Indian Tax Solution

Road tax not to be subsumed under GST: Former CBEC Chairman

Road tax not to be subsumed under GST: Former CBEC Chairman

New Delhi, April 18 (IANS) Road tax paid by automobile owners will not be subsumed under the GST (Goods and Services Tax), said Najib Shah, former Chairman, Central Board of Excise and Customs (CBEC), on Tuesday.

Shah disclosed this during his address to the managing committee members of the PHD Chamber of Commerce and Industry here.

Besides, Shah said that GSTN (Goods and Services Tax Network) systems will undergo trials for efficient tax collection.

Source : http://www.india.com

Document Option


Editor's Column

Huge relief for manufacturers -No GST payments on advances received for supplying goods

On Wednesday, the Central Government spared businesses from paying GST on advance amounts they have received for goods which are to be supplied later in the future. The step was aimed to help clear the confusion over tax liabiliti ...