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« VAT (Value Added Tax) »
 Date for filing quarterly VAT returns extended
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 CENVAT Credit (Amendment) Rules, 2017
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 Taxpayers Face Big Financing Costs From VAT Bill 2017
 VAT returns: Relief for traders as UT allows old form
 Gov’t agrees to retain VAT exemptions of seniors, PWDs Read more: https://business.inquirer.net/223121/govt-agrees-retain-vat-exemptions-seniors-pwds#ixzz4W5NV2I48 Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook
 Understanding VAT refunds

China to restore VAT on fertiliser imports and sales
August, 11th 2015

China will reintroduce a value added tax rate of 13 per cent on fertiliser imports and sales from Sept 1, as it attempts to curb widespread overuse, the country said on Tuesday.

Fertilisers in China have been subject to favourable tax policies since 1994 in order to guarantee supplies and help boost grain output, but the system had been subject to abuse in recent years, the Ministry of Commerce said in a statement.

China is aiming to bring growth in chemical fertiliser use to zero by 2020 in an effort to ease pollution problems in its vast countryside. Excessive fertiliser use has been associated with damaging algae blooms and soil acidification.

 
 
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