VAT News

India-GST reduction on many items

Following a recent meeting of the authorities in India, it has been confirmed that a large number of items will be now be subject to GST at one of the reduced rates (18%/12%/5%) rather than the  rate of 28%.

Of an initial number of around 228, only 50 products remain subject to the 28% rate.

Related articles

May's historic Brexit loss - what now for VAT?

With the massive loss experienced by the Prime Minister in the Commons yesterday, we have never been further away from a deal. Without a deal agreed between the UK and EU, there is nothing but uncertainty from a VAT perspective...

Read more
EU-MOSS scheme changes

From 1 January 2019, new rules will be introduced for the VAT MOSS scheme in the EU

Read more
Turkey-Standard rate applicable to e-publications

Certain e-publications previously subject to the reduced rate will now be standard rated

Read more