indirect tax


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indirect tax

a tax levied on goods or services rather than on individuals or companies
References in periodicals archive ?
With legislative approval not in place for change of name, CBEC has been notifying all rules and provisions of the new indirect tax regime.
The event progressed into an interactive discussion as Jigar Doshi, partner for indirect tax at SKP, enlightened the audience of the VAT impact on different industries and how crucial it is for businesses to assess its impact on working capital, cash flows, IT systems upgrades, reviewing existing contracts and setting up compliance management.
Deloitte has admitted Mark Junkin, Michael Camburn, and Bruce Hamilton as Partners in the Indirect Tax Practice, and appointed four new Directors, reflecting the importance that the firm places on fostering and recognising excellence in leadership in its business, and widening the GCC VAT leadership team to address client needs.
Their mission is "To provide the best end-to-end indirect tax solution on any Oracle ERP platform, always delivering, always innovating.
Similarly, excise duty as percentage of indirect tax has declined to 9.
Mr Kitching brings with him more than 33 years of industry and indirect tax experience which include employment at HM Revenue and Customs as a VAT inspector and leading indirect tax teams within practice at two of the Big4 accountancy practices, said a statement.
Kitching brings with him over 33 years of industry and indirect tax experience which include employment at HM Revenue and Customs as a VAT inspector and leading indirect tax teams within practice at two of the Big4 accountancy practices, said a statement.
Compared to previous statistics generated from the first Deloitte Indirect Tax Client Survey, GCC businesses have shown a turnaround in their views towards VAT.
The GST is also an attempt to make indirect tax more equitable, Jaitley explained.
New Delhi [India], June 28 ( ANI ): To brace the successful roll out of the Goods and Services Tax (GST), the Finance Ministry on Wednesday announced setting up of a special cell in the North Block of the Parliament dedicated entirely for the uniform indirect tax system, which will subsume various central, state and local indirect taxes and levies.
Accordingly, we quantify the redistributive effects of several policy patterns aimed at lessening indirect tax burdens.
Amid such apprehensions, the estimates of total tax collection - especially those of indirect tax - in the Budget may go off target by a fair margin.