The Tax Post-A bi-monthly Indirect Tax Bulletin - September 2022

BDO in India is pleased to present ‘The Tax Post’ - A Bi-monthly Indirect Tax Bulletin’ focusing on the world of Indirect Taxes, highlighting major trends across the space in India and globally, while also bringing forth practical views and experiences from our tax experts.

Presenting edition 14 of The Tax Post, spotlighting key industry trends:

Cover Story - While FTA negotiations are an important part of India’s strategy to increase exports, India had experienced several issues regarding FTAs and their implications for local markets. We take a close look at some of the FTAs and their impact on India’s global trade.

Expert Speak - Technology has been the harbinger of change and innovations. The use of appropriate technology is relevant not only in the field of IT, agriculture, medicine, warfare, interplanetary travel, mobility solutions, etc. but also in the administration of corporate affairs. Here we discuss how a technology-enabled compliance framework can significantly reduce tax disputes and litigations.

In-Tales – Particular focus is warranted on the Electric Vehicle (EV) Industry as sustainable growth has been the buzzword of the developing economies in the current decade where the emphasis lies in reduction in the usage of fossil fuels to contain emissions. This section details the policy initiatives the Indian Government has taken and what more can be expected.

Decoded – The section bisects an important judgment of the Supreme Court, which has settled the dispute on the taxability of software sold on CD/DVD. This decision is expected to put to rest the remaining disputes in this domain very soon.