Shaleen Shah

Equalisation Levy is going to create a huge problem for startups

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January 2, 2017
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[Source: www.forbesindia.com] Tax lawyer Nishith Desai believes the Equalisation Levy, also known as ‘Google Tax’, will have important repercussions for the Indian startup ecosystem As part of the continuing opposition from industry bodies to the ‘Equalisation Levy’ that came into effect earlier this year, the Internet and Mobile Association of India (IAMAI) and law firm Nishith Desai Associates, in a

Refund of IGST paid on export of goods

October 11, 2017
The Customs Department has issued following Instructions dtd. 9-Oct-2017 pertaining to Refund of IGST paid on export of goods under Rule 96 of CGST Rules, 2017. Download PDF As you are aware. Rule 96 of the CGST Rules 2017 deals with refund of Integrated Tax paid on goods exported out
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Recent GST Articles

June 23, 2017
The following are our GST Articles recently published elsewhere. What is GST? GST, an acronym for Goods & Services Tax, is an indirect tax. An indirect tax is a tax levied on goods and services as opposed to direct tax which is levied on income or profits (Income Tax). ….read
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Is the Indian GST on the table good enough?

March 1, 2017
[By Shaleen Shah (Partner), VNCA] The revolution promised by GST might not be all that rosy.  The Centre has yielded to requirement of States to continue with the age old permit system while transporting goods. Though the paper permit may become an e-permit, those transporting goods within or outside states
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16 Red Flags For Startup Investors

January 5, 2017
[Source: www.forbes.com; Author: George Deeb] George Deeb is an entrepreneurial CEO, growth expert at Red Rocket Ventures, and author of "101 Startup Lessons–An Entrepreneur’s Handbook" In Red Rocket’s Definitive Checklist for Startup Success, we detailed the many things that startup investors are looking for, before making an investment. But, I
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