The GST Council is likely to discuss ways to bring aviation turbine fuel within the new tax regime. A meeting of the council is due this month as it meets once every quarter and had last met on ...

Debate on the major overhaul of the system focused on $6.7 billion of top-up payments pledged by Mr Morrison to ensure states were not worse off. University of Tasmania Professor Richard Eccleston ...

Goods and Services Tax (GST) department officials and businessmen are in a fix over the applicability of changed formula for availing the accumulated input tax credit (ITC) in special cases. The ...

The government is likely to propose a formula to bring aviation turbine fuel (ATF) under the ambit of Goods and Services Tax (GST), CNBC TV18 reported on February 21. The likely government proposal ...

KARACHI, June 18: The bureaucrats in the federal finance ministry have not worked out as yet the distribution formula of the 2.5 per cent general sales tax (GST) amounting to Rs32 billion among the ...