A slight increase in post-GST ITC was held to amount to profiteering when not passed on. The tribunal directed refund of the ...

The Tribunal held that although profiteering was initially computed, the developer had already passed on a higher amount to the buyer. With full discharge of Section 171 obligations, proceedings were ...

Despite technological advances and interstate trust embedded in the system, entrepreneurs struggle with audits, paperwork, ...

The government has proposed an 8 percent reduction on input value-added tax (VAT) for agricultural exporters, cutting the ...

Indirect taxes are a vital part of buying and selling things. Unlike direct taxes, indirect tax is only paid by the customer ...

A study from the Potsdam Institute for Climate Impact Research (PIK) in Nature Food analyzes the ecological "footprint" from ...

Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...

One of Formula 1's biggest ever rules refreshes is upon us, making 'launch season' more intriguing than ever as we get a chance to see the all-new cars before they hit the track. The overhauled ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Côte d’Ivoire introduces 9% VAT on fertiliser inputs under 2026 budget Measure raises importer costs; fertiliser inputs were previously VAT-exempt Higher costs may curb fertiliser use, officials warn ...

Animal feed, inputs, and packaging now subject to a reduced 9% VAT Measure replaces a full exemption removed under the 2026 finance law Industry faces higher costs despite strong growth ambitions Côte ...