https://www.taxtmi.com/article/detailed?id=7241 GST transition frames the Budget expectations to align indirect tax laws by addressing double taxation on ocean freight, amending the Place of Provision rule for intermediaries, clarifying registration, point of taxation and Cenvat credit for services involving non taxable territory suppliers, exempting reverse charge on statutory foreign fees, and providing SEZ outbound service exemptions. It further recommends excise reliefs including exclusion of re labelling from manufacturing, lower pre deposit for appeals, mechanisms to counter inverted duty structure, customs clarifications to avoid valuation double taxation and longer interest free warehousing, and enabling utilisation or refund of stranded cess and Cenvat credits. en-us Tue, 31 Jan 2017 06:38:19 +0530 Tue, 31 Jan 2017 06:38:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7241 GST transition frames the Budget expectations to align indirect tax laws by addressing double taxation on ocean freight, amending the Place of Provision rule for intermediaries, clarifying registration, point of taxation and Cenvat credit for services involving non taxable territory suppliers, exempting reverse charge on statutory foreign fees, and providing SEZ outbound service exemptions. It further recommends excise reliefs including exclusion of re labelling from manufacturing, lower pre deposit for appeals, mechanisms to counter inverted duty structure, customs clarifications to avoid valuation double taxation and longer interest free warehousing, and enabling utilisation or refund of stranded cess and Cenvat credits. Articles Budget - Tax Proposals Tue, 31 Jan 2017 06:38:19 +0530 https://www.taxtmi.com/article/detailed?id=7241