By Tax, Tariff, & Regulatory Affairs Committee

The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of Central Board of Indirect Taxes and Customs (CBIC) on 8th Sept. 2021, with a request to preserve the ongoing exemption of Goods and Service Tax (GST) for international air and ocean freight services. government’s continued emphasis on promoting exports. […]

The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of Central Board of Indirect Taxes and Customs (CBIC) on 26th Aug. 2021, with a request for clarification on export position for IT/ ITeS sector. The clarifications were sought on entities being regarded as “merely establishments of a distinct entity”

The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of the Central Board of Direct Taxes (CBDT) on 30th June 2021, with a request for deferral of Sections 194Q, 206AB and 206CCA of the Income-tax Act, 1961. Considering the several concerns highlighted in the representation and in view of

AMCHAM shared member’s concern to Mr. Kamlesh Varshney, Joint Secretary (TPL-1), Ministry of Finance, on the equalization levy provisions introduced by the Finance Act, 2020 (Act) on March 27, 2020 and which are sought to be brought into effect from April 1, 2020. Read more

AMCHAM has made a representation to the Minister of Finance seeking extension of time line of 31st March 2020 prescribed in Vivad Se Vishwas Scheme, 2020. read more

AMCHAM’s recommendations to Ministry of Corporate Affairs on a consultation paper to Examine Existing Provisions of Law. These recommendations are to make suitable amendments therein to enhance audit independence and accountability. Read More

AMCHAM India has submitted recommendations on the Union Budget 2020-21 to the Ministry of Finance, Government of India, with suggestions compliled from the Tax, Tariff and Regulatory Affairs Committee members. Direct Tax recommendations for 2020-21Indirect Tax recommendations for 2020-21

AMCHAM India has compiled and submitted proposals for the Union Budget 2020-21to the Ministry of Finance in November 2019. The recommendations  compiled with suggestions obtained from AMCHAM Members for changes in the duty structure, rates and broadening of tax base on both direct and indirect taxes giving economic justification for each. Direct Tax recommendations for

On 18 December, AMCHAM India had submitted inputs on GST Provisions, to the Commissioner – GST Policy Wing,  CBDT, Mr. Upender Gupta. Read MoreLetter to Mr. Upender Gupta

On 14th December, AMCHAM submitted suggestions, a Pre-Budget Memorandum: 2019-2020 was sent to the Hon’ble Finance Minister , Mr. Arun Jaitley. Read MoreIndirect TaxesDirect TaxesPre Budget Memorandum 2019-20 Direct Tax – Revised