The Delhi High Court has quashed a batch of VAT assessment orders issued by VAT Audit Officer, stating that the authority did ...

The National Board of Revenue (NBR) has brought major changes in VAT refunds. To ensure convenience and transparency for ...

The Orissa High Court has held that an audit assessment under Section 42 of the OVAT Act (Odisha Value Added Tax Rules, 2005) ...

He added that the GRA has been engaging the Ministry of Finance and other stakeholders to ensure that the full set of reforms ...

A Finnish company was providing factoring services that consisted in "invoice factoring", which took the form of a credit granted that corresponded ...

The National Board of Revenue (NBR) has launched an Online VAT Refund Module to facilitate the online submission, processing, and direct transfer of VAT refund amounts to taxpayers' bank accounts.

The proposal is to have a system that resembles a sales tax by disallowing Vat input claims and to rely solely on the payment ...

President Bola Ahmed Tinubu has stated that his administration will review proposals for corporate tax relief and VAT ...

Government is anchoring its 2026 fiscal strategy on a sweeping overhaul of the value-added tax system as authorities rely on enforcement and digitalisation rather than new taxes to lift domestic ...

Zimbabwean lithium miners have asked the government to defer the imposition of a tax on concentrates until the end of 2026, ...

A spokesperson for the State Taxes and Excise Department said on Friday that the department has shown steady growth in revenue collection over the past three years.

In Spain, for example, shoppers need to spend at least €90.15 in one store to be eligible for a refund, and can receive 21% ...