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 1 step forward, 2 steps back. Is GST going the VAT way?
 1 step forward, 2 steps back. Is GST going the VAT way?
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  Filing of reconciliation return in form 9 for the year 2016-17
 Govt may send notice to 162 companies; ask for VAT returns
 Cenvat Credit Is Not Income Liable To Be Taxed
 Cos wanting to claim VAT refund on employees' foreign stay can get professional help

Two-way learning
September, 28th 2011
State finance ministers, who had gone to Europe to learn about the proposed Goods and Services Tax (GST) model, seem to have taught a thing or two to the Europeans. At a meeting with French Minister for Foreign Trade, Madhya Pradesh Finance Minister Raghavji said India, which has not yet introduced the GST and has varying VAT rates across states, saw GDP growth of eight to nine per cent in the last few years, whereas the French economy is projected to grow at just two per cent in 2011 despite the GST. Which system is better? Raghavji asked.
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