B efore budget 2019 announced there was a hype on government imposing NEW digital tax. When published in Finance Bill, its coverage goes way beyond that. It is HUGE. Not just online services, it covered all taxable services.
There are TOP 6 things you need to know about Imported Taxable Services Tax!
To make it comprehensible, easy reading and not technical. We present it in the form of a 5 min quick read infographic.
The most frequent statement we hear is "Why not mentioned in Budget?"
Most speakers prepared their seminar content based on the Budget speech. The details of this new tax provided in the Finance Bill which was published way later.
HAPPY LEARNING !