https://www.taxtmi.com/article/detailed?id=7727 Proposals urge expanding the GST net to include petroleum products, specified electricity uses and transportation services, aligning GST valuation and documentation with income tax transfer pricing methods, and clarifying input tax credit treatment for business motor vehicles, hotel and travel expenses, and immovable property registration; administrative reforms include mandatory Form 3B, quarterly detailed returns, temporary waiver or reduction of late fees, higher composition threshold, local anti profiteering mechanisms, and consideration of refund or inclusion options for alcoholic beverages to prevent tax cascading. en-us Sat, 18 Nov 2017 11:35:34 +0530 Sat, 18 Nov 2017 11:35:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7727 Proposals urge expanding the GST net to include petroleum products, specified electricity uses and transportation services, aligning GST valuation and documentation with income tax transfer pricing methods, and clarifying input tax credit treatment for business motor vehicles, hotel and travel expenses, and immovable property registration; administrative reforms include mandatory Form 3B, quarterly detailed returns, temporary waiver or reduction of late fees, higher composition threshold, local anti profiteering mechanisms, and consideration of refund or inclusion options for alcoholic beverages to prevent tax cascading. Articles Goods and Services Tax - GST Sat, 18 Nov 2017 11:35:34 +0530 https://www.taxtmi.com/article/detailed?id=7727