GST Updates

The Goods and Services Tax Appellate Tribunal (GSTAT) has clarified that appeals arising from refund claims of accumulated and unutilized CENVAT credit must be filed before the CESTAT.
- The principal question before the Tribunal was whether an appeal against an order passed by the Commissioner (Appeals) in a matter related to transitional CENVAT refund lies before the CESTAT or the GSTAT.
- New Zealand's electric vehicle market is rising with the government's support and tax incentives, including a 15% Goods and Services Tax (GST).
- The UAE has announced a new excise price rule for electronic smoking products, which will come into effect on September 1.
- Indian federalism is being shaped by the 16th Finance Commission and the GST Council, with discussions on taxation powers and revenue sharing between the Union and States.