VATupdate

Share this post on

Private sector on warpath against govt over implementation of VAT on air tickets

The implementation of VAT on air transport has led to a contentious dispute between the private sector and the government, resulting in confusion and dissatisfaction. As per the Value Added Tax Act 2052, the VAT is mandatory to be implemented after a 30-day notice. The government had announced the implementation of VAT from July 1, but disagreements between the government and the private sector have persisted even into the second week of July.

Source: nagariknetwork.com

Sponsors:

VAT news

Advertisements:

  • VAT news