Indirect Tax and Foreign Trade Policy Considerations in Times of COVID-19

Episode Duration: 
90 minutes.

Tax and trade considerations, for businesses, are becoming increasingly relevant in the unprecedented scenarios created by the COVID-19 pandemic. Owing to which, the Government of India has been forthwith in easing out various compliances and lowering the potential interest burden for any late payment of taxes over the intervening period along with extension of several other timelines & waiver of late fees, wherever applicable.

In this backdrop, Taxsutra & ELP, present a special episode on 'Indirect Tax and Foreign Trade Policy Considerations in Times of COVID-19'. In this special episode, ELP Partners Mr. Rohit Jain and Mr. Adarsh Somani have discussed how the administration has been forced to re-prioritize their agendas, the changes that impact business and how the business/ taxpayer can strive through this amended order. Moreover, the speakers have also touched upon the relief measures as per the recent taxation ordinance, changes to Foreign Trade Policy & procedures thereunder etc., along with a flavour of what more the government can do by drawing from the action-board of international counterparts, while also highlighting the impact of force majeure events on tax positions/ implications.