Knowledge

VAT - The New Beginning


Financial Year 2018-19 will be the defining year for GCC. With the advent of much awaited Value Added Tax (VAT) reform. VAT is expected to have a far reaching and wide impact on business, society and general economy. Smooth transition to the VAT is one of the top 3 agenda items on the Board and Management’s strategy and execution list. With VAT, the past no longer holds good and future is laden with number of implementation challenges...