How South Africa’s proposed 16% VAT rate compares to other countries around the world | Budget 2025
Explore how South Africa's proposed 16% VAT rate stacks up against global standards and what it means for consumers.
Bizcommunity2d
Is a VAT rate increase to 17% justifiable?
The 2025 budgets tabled in parliament on 19 February 2025, which were not approved, proposed a 2% base point increase in the ...
Tax Guru4d
Refund of Pre-GST VAT Taxes Ordered by Calcutta High Court
The Court acknowledged the revenue’s admission of the lack of a refund mechanism for pre-GST dues and directed the respondent authorities to refund the pending amount, along with the interest as per ...
The Conversation23d
Is Australia’s GST a tax or a tariff? And why has it become a target in the trade wars?
value-added taxes such as Australia’s Goods and Services Tax (GST). Most economically advanced countries have a value-added tax (VAT) or sales tax on consumption. This applies to domestic goods ...
Tax Guru4d
Delhi HC allows rectification of GST returns after assessment discrepancies
This ruling aligns with judicial precedents where courts have emphasized due process and procedural fairness in GST assessments. The case underscores the importance of accurate reconciliation and ...
5% Or 18% GST? Bombay HC To Decide Whether Doughnuts Are Restaurant or Bakery Items
A pivotal case before the Bombay High Court is set to determine whether doughnuts should attract a 5 per cent or 18 per cent ...
Punjab’s tax revenue up due to govt efforts: Harpal Singh Cheema
Net collection from GST, excise, VAT, CST, and PSDT between April 2024 and February 2025 saw a 12.1% rise as compared to same ...
Passport Achieves Patent-Pending Status for Seller of Record Solution, Transforming VAT/GST Compliance for Global E-Commerce
Passport, a leading global ecommerce solutions provider, today announced that its Passport Seller of Record® solution has ...