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TMI BlogMigration to GSTX X X X Extracts X X X X X X X X Extracts X X X X ..... Migration to GST X X X X Extracts X X X X X X X X Extracts X X X X ..... w having turnover of more than 10 lacs but less than 20 lacs. Whether I am required to migrate to GST under the situation when upto 20 lacs a person is not required to be registered under GST Law. S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uppose I choose not to migrate to GST with the expectation that the Govt may come out with a clarification and give relief in this regard. What will be the consequences if the Govt does not give relie ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f as expected. Reply By KASTURI SETHI: The Reply: Still GST Act has not been implemented. If there is flaw in the law or dispute in construction of any law or confusion in interpretation by the Depa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rtment, the benefit always goes to the assessee as per judgement of Supreme Court. No action can be taken against such person. Most probably Board will clear the air before implementation of GST Act. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply By Ganeshan Kalyani: The Reply: I fully agree with Sri Kasturi Sir's view. However, the draft GST law states that the existing registered assessee need to migrate themself into GST. The cr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iteria of 20 lacs shall apply once the GST law comes into force. But as far as migration is concern you have to carry out the same. This is my view. X X X X Extracts X X X X X X X X Extracts X X X X
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