News
UAE's VAT law a good model for India's GST
- Date:
- June 24, 2018
- Source:
- Business Standard
The Goods and Services Tax (GST) will soon have been in force for a year in India, but it is still seeing the introduction of new compliance requirements, deferment of provisions, statutory deadlines and frequent changes in rates. The United Arab Emirates (UAE) introduced Value Added Tax (VAT) with effect from January 1, 2018 and it is more straightforward and business-friendly, and ha…