• Madeleine Bruder
• 25 Mar, 2021

The amendment proposed to Section 8(3)(b) of the Central Sales Tax Act, 1956 (CST Act) in the Union Budget FY22 has been a scarcely-commented-upon indirect tax proposal. However, this will be a critical change and will drive up input tax costs of many businesses, especially key sectors like manufacturing, telecom and mining.
Read more...