Indirect tax

are being passed, would it be harder to tax? Would it benefit the economy? marijuana should be legalized, federally. Why is it not federally legal? “Many people assume that marijuana was made illegal through some kind of process involving scientific, medical, and government hearings; that

and stout market shares in Malaysia (CMBB, 2015). Therefore, the competition among existing brewers are low as there are only two major brewers in the local MLM industry. The threat of new entrants is minimum as government policies and complicated tax on beers have restricted other investors in the market. The switching cost among competitors is low as the price difference between the products of competitors are minimised. This has been proved by a research, which has been done at a local shopping

Purpose: The purpose of this investigation is to examine the suggestion of cigarette prices and developing a culture of no smoking by rising taxes on cigarettes. Methods: Data on smoking has been selected from the secondary sources. Status of smokers in West Virginia can be observed by the available facts and figures in different newspapers, 99 Results: The odds ratio for being a smoker was 1.21 where no-smoking by-laws were relatively infrequent and 1.26 when cigarettes are relatively low-cost

extent was all this caused by economic distress? Before being able to answer the question, one would have to establish the definition of 'economic distress' it could be defined as the misery people (especially the peasantry) faced due to low income and tax inflation or the misery that the entire country was in due to the enormous debts, which had accumulated due to the wars, which were fought.

Karnataka tax authorities deliberately stopped Amazon from operating from its warehouses in Karnataka. Not only this, it banned all the suppliers which had their goods hoarded in Amazon’s warehouse. The issue arose when Amazon refused to pay for Value Added Tax (VAT) since it was only acting as a service provider, facilitating its e commerce platform by allowing the suppliers to store goods in their warehouse. Since Amazon was not “adding any value” to the product, it was not viable to pay the tax. Amazon

Goods and Service Tax- A Positive Reform in Indian Taxation System Dr.Rashi Gupta Assistant Professor JIMS Engineering Management Technical Campus (JEMTEC), Greater Noida Guru Gobind Singh Indraprastha University, Delhi E-mail: rashigupta.ap@gmail.com ABSTRACT This paper is an attempt to understand the concept of Goods and Service Tax (GST), to be implemented in India from 1st July 2017. This changing face of Indian taxation system paves the path of development and advancement towards which developing

AND SERVICES TAX, PROBLEMS AND EFFECTS OF IMPLEMENTATION ABOOD MOHAMMAD SALMEEN ALEBEL INTRODUCTION In taxation, taxpayers are taxed in two forms: whether through direct taxes such as income tax and road tax or through indirect taxes such as the sales tax and the services tax. For direct taxes, taxpayers will definitely realize that they are facing the tax burden since taxpayers are required to declare their income and to pay tax accordingly to the government. However, for indirect taxes, taxpayers

introduction of GST is a single move enveloping all indirect taxes that will make country single unified common market. It is a destination based multipoint tax system covering in its ambit both goods and services. It is single tax on the supply of goods or service, right from the manufacturer to the consumer where credits of GST input taxes paid at each stage shall be available in the subsequent stages of value addition, thus, makes GST essentially a tax only on the value addition at each stage.1 Hence

International Tax and Investment Center and Oxford Economics (ITIC-OE), In 2011, the Legal Domestic Sales of cigarettes fell by 80.6%, from 308 million cigarettes in 2010, to just 60 million cigarettes a year after the tax increase. Total Consumption (legal and illicit) is estimated at 317.9 million cigarettes in 2013, down 9.5% from 2012. However, only 2.4% or 7.7 million cigarettes constitute Legal Cigarettes Consumption. In 2013, excise tax loss as a percentage of potential total excise tax revenues

TAX STRUCTURE IN INDIA Introduction: India has a well-developed tax structure with clearly demarcated authority between Central and State Governments and local bodies. Central Government levies taxes on income (except tax on agricultural income, which the State Governments can levy), customs duties, central excise and service tax. The Tax Structure in India is quite strong and follows the financial year. The taxation under the tax structure in India is applicable for any kind of income pertaining