Introduction of goods and services tax (GST) will help settle the issue of double taxation on some transactions like in case of software, a top finance ministry official said. “On the issue of double taxation on some transactions like software, it is true that there are disputes on the issue pending in various courts and forums, but I sincerely hope that will settle only after the introduction of GST,“ said Sanjay Gupta, Commissioner of Service Tax, Delhi IV, while inaugurating an Assocham national seminar on service tax and Cenvat credit.
The Economic Times New Delhi,14th April 2016
Comments
Post a Comment