Indias GST Rules for Crossborder Trade A Business Guide

Indias GST Rules for Crossborder Trade A Business Guide

This article provides an in-depth analysis of the tax treatment of cross-border transactions under the Indian GST system, breaking away from traditional VAT thinking. It details the tax rules for imported goods, services, OIDAR, and hybrid models. The article emphasizes that businesses should clarify key elements such as tax liabilities, tax base formation, and invoice credit before signing contracts. By optimizing contract, invoicing, and documentation processes, businesses can achieve tax compliance and reduce operational risks.

New Container Return Rules Risk Hefty Fines for Importers

New Container Return Rules Risk Hefty Fines for Importers

A new container return rule for shipping containers will take effect on July 7, 2025, mandating that containers be returned to their original pick-up location whenever possible. Non-compliant returns will incur substantial fees, with port returns costing $300 per container and other depots charging up to $1200. This article provides a detailed interpretation of the new regulations, offers practical tips to avoid penalties, and analyzes the impact on shippers, freight forwarders, shipping companies, and container yards. It aims to help stakeholders prepare in advance and avoid unnecessary losses.

07/03/2025 Logistics
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Washington Considers Mileage Tax for Evs to Fund Road Repairs

Washington Considers Mileage Tax for Evs to Fund Road Repairs

Washington State is piloting a mileage-based user fee (MBUF) to address declining fuel tax revenues due to the increasing adoption of electric vehicles. MBUF, charging based on actual miles driven, aims to more equitably distribute road maintenance costs and provide a sustainable funding source for the future of autonomous and electric vehicles. Challenges include privacy concerns, technology costs, and public acceptance. However, Oregon's successful experience and advancements in autonomous driving technology suggest its potential. The system offers a way to ensure fair contribution to road upkeep regardless of vehicle type or fuel source.