Global GST & Tax Updates: India, Australia, Fuel Tax

India sees a GST tweak as the Gujarat assembly approved an amendment to sync the state GST act with central rulings, aiming to simplify compliance.

• SST exemptions may be leaving Indian businesses money on the table; firms should review input tax credits. (Newswav)
• The CAG's monthly civil accounts detail CGST, SGST and IGST collections, underscoring the tax's fiscal weight. (CAG PDF)

Australia pushes for GST fairness:

• NSW and other states demand an overhaul of the GST distribution formula, citing inequities. (NSW Gov)
• WA's treasury team confronts the Productivity Commission over perceived carve‑up errors. (The Nightly)
• Thought leaders propose a “conscious uncoupling” of GST revenue sharing. (Michael Brennan)
• NSW Treasurer Daniel Mookhey argues reforms would correct a $3,000 per‑person overpayment to WA. (Daily Telegraph)

Fuel tax debate:

• Industry voices call for a halt to fuel excise tax as crude oil stays above $80 a barrel, citing pressure on consumers. (Business Mirror)