who enacted the GST and why?
346250
It was enacted in 1990 by the government of Brian Mulroney,it was designed to replace the old manufactures tax which was a hidden tax and had a higher tax rate,the GST is a lower tax but is on a much larger scale of goods and services.
223269
it's the price divided by 11.  for example the gst on $220 = $220/11 = $20.
334099
"November 16, 1981\nAROUND THE NATION; Ohio Raises Sales Taxes, Covers Labor Charges \nAP \nThe largest tax increase in Ohio history went into effect today, raising the sales tax and adding taxes to such things as automobile repairs and installation of cable television. \n\nThe $1.3 billion package is part of a $13.5 billion budget for the state government for two years. \n\nIt went into effect at 12:01 A.M., nearly five months after the last permanent budget expired. \n\nThe sales tax is increasing 1.1 percentage points; the old tax was 4 percent. Smokers will pay 2 to 5 cents more a pack. Soda drawn from a fountain at fast-food restaurants or at sports events will cost at least another penny, and possibly as much as 6.5 cents more. Now included under the sales tax are labor on repairs, including automobiles and home improvements, and car washes."
593058
Govt. deals with the economy by means of levying taxes, restrictions, quotas, duties etc.\nLike for restricting monopolies by increasing capital base in the organization, govt. has Monopolies Restricted Trade Pratices Act.\nFor barring imports and exports in bulk quantities, govt. has Quotas fixed.\nThen you have all kinda taxes like Income, Service, VAT etc.\nThen you have duties like Import, Excise etc.\nRegards\nt$k\nhttp://tsk911.hi5.com
776145
I would say No....\nIt was too harsh..\nwhat was the supreme court doing all these years...\nCan it pay back the tax money collected from these traders..\nAn alternative should've been chosen...\n\nThe Supreme court should've understood that the trader's bandh was not to threaten the Supreme court but to save their life...\nI don't understand how the SC could get such a notion from the strike...\nAt times I feel shameful for the act of S.C the highest law governing body in the country
282724
There's nothing better than hearing it straight from the horse's mouth. So here's a website that can give you an idea on the kinds of taxes imposed in the Philippines:\nhttp://www.bir.gov.ph/legalmatters/8761.htm
822666
Value added tax (VAT) is a type of sales tax. In some countries, including Australia, Canada, New Zealand, and Singapore, this tax is known as "goods and services tax" or GST; and in Japan it is known as "consumption tax". VAT is an indirect tax, in that the tax is collected from someone other than the person who actually bears the cost of the tax (namely the seller rather than the consumer). As VAT is intended as a tax on consumption, exports (which are, by definition, consumed abroad) are usually not subject to VAT or VAT is refunded.\n\nVAT was invented by a French economist in 1954. Maurice Lauré, joint director of the French tax authority, the Direction générale des impôts, as taxe sur la valeur ajoutée (TVA in French) was first to introduce VAT with effect from 10 April 1954 for large businesses, and extended over time to all business sectors. In France, it is the most important source of state finance, accounting for approximately 45% of state revenues.\n\nPersonal end-consumers of products, consumers and services cannot recover VAT on purchases, but businesses are able to recover VAT on the materials and services that they buy to make further supplies or services directly or indirectly sold to end-users. In this way, the total tax levied at each stage in the economic chain of supply is a constant fraction of the value added by a business to its products, and most of the cost of collecting the tax is borne by business, rather than by the state. VAT was invented because very high sales taxes and tariffs encourage cheating and smuggling. It has been criticized on the grounds that it is a regressive tax.
986724
A statute can give authority to a government agency or even a non-governmental entity (see the (UK) Lloyd's Act 1982) to pass regulations having the force of law.\n\nThe most obvious case concerns Internal Revenue Regulations.
746877
What is m vat business? VAT is Value Added Tax system, introduced, in India, last year, in place of State Sales Tax, for uniformity. Another tax system introduced, in India, some 10 years back is MODVAT, which is Modified Value Added Tax system, in Central Excise. Can you be clear. You can write to me directly.
937140
I haven't got time to answer all of these, but the first case you mention is (I think) where the Court ruled that a local govt. could not tax a national bank because that would mean it had the power to destroy it - which could not, of course, be permitted.  Hope this helps.
213731
Its not clear, which limits you are referring to but still -\n\nif you are referring to taxable limit it is Rs.4 Lakhs and if you are referring to rate of tax it is 12%
615948
The idea of a "transfer tax" has been arounf almost since the beginning of our nation. One of the first such taxes was passed in 1797 and repealed shortly after.\n\nFor more information, review the following...
77285
The taxation of perquisites -- or fringe benefits -- provided by an employer to his employees, in addition to the cash salary or wages paid, is fringe benefit tax.\n\nAny benefits -- or perks -- that employees (current or past) get as a result of their employment are to be taxed, but in this case in the hands of the employer.\n\nThis includes employee compensation other than the wages, tips, health insurance, life insurance and pension plans.\n\nFringe benefits as outlined in section 115WB of the Finance Bill, mean any privilege, service, facility or amenity directly or indirectly provided by an employer to his employees (including former employees) by reason of their employment.\n\nThey also include reimbursements, made by the employer either directly or indirectly to the employees for any purpose, contributions by the employer to an approved superannuation fund as well as any free or concessional tickets provided by the employer for private journeys undertaken by the employees or their family members.\n\nSee the source for the link..\nor visit: http://www.rediff.com/money/2005/mar/22spec.htm
217490
$114,000\nStatute:  S.C. 1990, c.5, s.2\nRoyal Assent: 1990.01.30\nComing into force: 2005.01.01\nSpecific amount shown was obtained from Government House.
838891
The Government sets regulations.
830335
I can not asnwer but try this website below, you can link to the regulation.\n\nI think you can conatct the INS via this website and ask the question directly, they will know best.\n\nGood Luck \n\n(I think she can ..............)
1127239
An Act to define and amend the law relating to the sale of goods\n\nWHEREAS it is expedient to define and amend the law relating to the sale of goods;\n\n\n\nIn this Act, unless there is anything repugnant in the subject of context,-\n\n    (1) "buyer" means a person who buys or agrees to buy goods;\n\n    (2) "delivery" means voluntary transfer of possession from one person to another;\n\n    (3) goods are said to be in a "delivered state" when they are in such state that the buyer would under the contract be bound to take delivery of them;\n\n    (4) "document of title to goods" includes bill of lading dock-warrant, warehouse keeper's certificate, wharfingers' certificate, railway receipt, 4[multimodal transport document,] warrant or order for the delivery of goods and any other document used in the ordinary course of business as proof of the possession or control of goods or authorising or purporting to authorise, either by endorsement or by delivery, the possessor of the document to transfer or receive goods thereby represented;\n\n    (5) "fault" means wrongful act or default;\n\n    (6) "future goods" means goods to be manufactured or produced or acquired by the seller after making of the contract of sale;\n\n    (7) "goods" means every kind of moveable property other than actionable claims and money; and includes stock and shares, growing crops, grass, and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale;\n\n    (8) A person is said to be "insolvent" who has ceased to pay his debts in the ordinary course of business, or cannot pay his debts as they become due, whether he has committed an act of insolvency or not;\n\n    (9) "mercantile agent" means a mercantile agent having in the customary course of business as such agent authority either to sell goods, or to consign goods for the purposes of sale, or to buy goods, or to raise money on the security of goods;\n\n    (10) "price" means the money consideration for a sale of goods;\n\n    (11) "property" means the general property in goods, and not merely a special property;\n\n    (12) "quality of goods" includes their state or condition;\n\n    (13) "seller" means a person who sells or agrees to sell goods;\n\n    (14) "specific goods" means goods identified and agreed upon at the time a contract of sale is made; and\n\n    (15) expressions used but not defined in this Act and defined in the Indian Contract Act, 1872, have the meaning assigned to them in that act.\n\n#### LINKS : -\n\nhttp://www.laws4india.com/acts/sga/sga_idx.asp\n\nhttp://www.helplinelaw.com/bareact/index.php?dsp=saleofgoods\n\nhttp://www.indialawinfo.com/bareacts/soga.html