The Tax Post-A bi-monthly Indirect Tax Bulletin - September 2021
27 September 2021
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 8 of The Tax Post, spotlighting key industry trends:
Cover Story - Trade Facilitation has been a longstanding priority for Governments across the world. The Cover Story of this edition of ‘The Tax Post’ discusses India’s Trade Facilitation measures and what lies ahead in the coming months.
Expert Speak - The success of the trade facilitation measures is going to affect Indian industries and their competitiveness in the global market. One of the important sectors, which has tremendous export potential is the Auto component industry. The outlook of this sector is discussed in ‘In Tales’.
In-Tales – The Government of India has announced Production Linked Incentives (PLI) for many key sectors. The Pharmaceutical industry is one such sector where India has a dominant presence. This section highlights the PLI scheme announced for this sector, certain key highlights, and challenges ahead.
Decoded – Death-knell has been sounded on the prospect of refund of accumulated input ‘service’ credit, in situations of ‘inverted duty structure’. After conflicting judgments of High Courts, it was expected that the Apex Court would provide relief to the taxpayer. The recent judgment by the Apex Court has erased the last hope. In this section we are analysing this key judgment.
Global Trends – A curation of latest VAT/GST and Customs news from jurisdictions around the globe.