Based on representations and to ensure uniformity in the implementation of the refund provisions relating to export of goods and services, the Central Board of Excise and Customs (Board) has issued Circular No. 37/11/2018 – GST dated March 15, 2018 to clarify various aspects relating to processing and sanction of refund claims. Read More »
Tag: Export of goods
Saudi Arabia – VAT framework (Unified Agreement for VAT) GCC published
Another milestone towards the implementation of VAT across the Gulf Cooperation Council (GCC), the Unified Agreement for VAT has been published in the Official Gazette of one of the GCC member states, Saudi Arabia. The Unified Agreement provides the framework for the operation of VAT across the GCC, and each GCC member state will implement the framework through local legislation and other instruments. Read More »
Michaela Merz 