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December 2020

December 10, 2020
01
BRINGING THE POWER SECTOR UNDER GST – WHAT WILL IT MEAN?

Since the introduction of GST in India a few years ago, there has been much discourse and deliberation on whether or not the power sector (or electricity) should be brought under the GST umbrella. With many entities, big and small (including power companies), maintaining that it should be brought under GST since it would be...

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December 1, 2020
02
Are discounts really incentives, and should they be taxed?

As one might experience, big Car manufacturers (popular known as Original Equipment Manufacturer - OEM) often come out with special discounts and offers that provide buyers with a considerable concession on the products. These are due to the trade incentives (discounts)that manufacturers offer to a car dealer to incentivize sales on special occasions and festivals....

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