
India’s tax authorities to allow tax refunds for event cancellations22nd April 2020 | published by EW SHARE
In a welcome move that is set to give some relief to India’s tourism and hospitality sectors which are struggling in the midst of a nationwide lockdown due to Covid-19, the country’s Central Board of Indirect Taxes and Customs (CBIC) is to allow company refund claims on goods and services tax (GST) paid on advances for events or bookings that have since been cancelled.
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