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Stories that are tagged 'goods and services tax (GST)'

Australia Legislates For Wine Equalization Tax Rebate Reform

by Mary Swire,, Hong Kong

Last updated 13 hours ago | Friday, June 23, 2017

The Australian Government has introduced legislation to tighten the eligibility criteria for the wine equalization tax rebate. Read Full Story


Australia Delays Low-Value Goods GST Reform To 2018

by Mary Swire,, Hong Kong

Wednesday, June 21, 2017

The Australian Government will apply the 10 percent goods and services tax to low-value goods purchased from overseas sellers from July 1, 2018, a year later than originally planned. Read Full Story


India's GST Approved By All But One State

by Mary Swire,, Hong Kong

Wednesday, June 21, 2017

The Indian Ministry of Finance announced on June 21 that just one Indian state, Jammu and Kashmir, still needs to approve the State Goods and Services Tax Act ahead of the nationwide roll-out of GST from July 1 Read Full Story


Australia Tightens GST Rules For Precious Metal

by Mary Swire,, Hong Kong

Tuesday, June 20, 2017

The Australian Senate has passed legislation to tighten the goods and services tax rules for sales of precious metals. Read Full Story


Singapore Updates Two GST Guides

by Mary Swire,, Hong Kong

Tuesday, June 20, 2017

The Inland Revenue Authority of Singapore has updated two guides, on the goods and services tax treatment of the use of business premises by third parties for free, and on the GST rules for the aerospace industry. Read Full Story


Canada, UK Cooperate In Anti-VAT Fraud Sting

by Mike Godfrey,, Washington

Wednesday, June 14, 2017

The Canada Revenue Agency has announced that investigators from Canada and the UK carried out a number of searches on June 13 in connection with an alleged tax fraud scheme. Read Full Story


Western Australia Being Milked For GST Revenue: MCA

by Mary Swire,, Hong Kong

Friday, June 9, 2017

The Minerals Council of Australia has said that the amount of goods and services tax revenue distributed to Western Australia fell by around 45 percent in real terms over the period 2001-02 to 2016-17. Read Full Story


Barbados Hikes Taxes In New Budget

by Mike Godfrey,, Washington

Monday, June 5, 2017

Barbados's Minister of Finance has announced tax increase in his 2017 Budget, including to the National Social Responsibility Levy and gasoline excise duties, and a two percent commission on foreign exchange transactions. Read Full Story


India Forging Ahead With GST From July 1

by Mary Swire,, Hong Kong

Friday, June 2, 2017

Speaking on May 30, India's Revenue Secretary confirmed once more that the long-anticipated goods and services tax (GST) will be introduced as planned on July 1. Read Full Story


Telecoms Firms Urged To Pass On Indian GST Windfall

by Mary Swire,, Hong Kong

Wednesday, May 31, 2017

Telecommunications firms doing business in India have been urged to ensure that any savings resulting from the introduction of goods and services tax in the country from July are passed on to consumers. Read Full Story




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