Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals SMS News Articles Highlights
        Home        
 
Extracts
Home List
← Previous Next →

CONFLICTING INTERESTS IN TAXATION OF ALCO-BEVERAGES

Goods and Services Tax - GST - By: - Dr. Sanjiv Agarwal - Dated:- 9-2-2018 - Till GST was introduced in India in July, 2017, taxation of alco-beverages was in absolute domain of State taxation- be it value added tax or sale tax, duly on manufacture i .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

keting or distribution thereof. However, certain inputs, input services and value additions in relation to such products shall be liable to levy of GST which puts this industry into a disadvantageous position. It is a fact that liquor industry in Ind .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

aka Chief Minister advocated for country wide ban on liquor. No doubt, liquor contributes significantly to the exchequer, but a ban like this would result in killing an industry which also has its space and consumers across the globe. It may not be a .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

, regulation, supervision requiring more than one permission, licence, permit or fee. The industry players are required to pay amounts for all such permission or licences or permits. Such payments become mandatory for the furtherance of business of a .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

business operations can not continue. These payments enable continuity of business and therefore are support services for business or commerce. These payments would attract levy of goods and services tax. However, there will be no input tax credit a .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.