The Tax Post-A bi-monthly Indirect Tax Bulletin - July 2022

BDO in India is pleased to present ‘The Tax Post’ - A Bi-monthly Indirect Tax Bulletin’ focusing on the world of Indirect Taxes, highlighting major trends across the space in India and globally, while also bringing forth practical views and experiences from our tax experts.

Presenting edition 13 of The Tax Post, spotlighting key industry trends:

Cover Story - As the country commemorates the 5th anniversary of GST, the future trajectory of reforms is under sharp focus. There is widespread demand for the inclusion of key petroleum products under GST. While this may be a ticklish proposition from the lens of potential revenue loss, there are other aspects which require focus, which is the theme of this section.

Expert Speak - The inking of the Indo-UAE CEPA has been historical in the bilateral trade relationship and the shared vision of the two trading partners. This section discusses the potential that it can unleash for the benefit of the two countries.

In-Tales – The aviation sector is in focus in this section of The Tax Post. We detail India’s position in the global arena including some of the key hurdles the industry is facing.

DecodedAnother important judgment of the Supreme Court, which has unsettled the trade and industry, is in the context of employee secondment. The Apex Court has concluded that Service tax is leviable on the salary reimbursement made by an Indian company to overseas entities. We discuss the fall-out of this judgement, in this section.

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