News
GST Anti-Evasion Unit Goes After Car Dealers For Retrospective Tax
- Date:
- May 7, 2019
- Source:
- Bloomberg Quint
The government has questioned the goods and services tax anti-evasion unit for demanding retrospective tax from automobile dealers on discounts received from manufacturers to boost sales, according to a person aware of the development. The Central Board of Indirect Tax Customs considers such transactions as a discount and not a service, the person told BloombergQuint on the condition of anonymity.…