'GIVE BLANKET SERVICE TAX EXEMPTION TO EXPORTERS'

Last updated: 19 September 2007

It is an ideal feature of any good taxation system that in export transactions only goods or services should be exported and not the taxes embedded in it. Keeping with this principle, the government has been time and again providing incentives to exporters on their output and input. Due to constant evolution in the tax system, obviously, government needs to amend its policy in giving effect to the widely-accepted principle of not allowing taxes to be exported. On Monday, one such step was taken
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Ravikumar.G

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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