9911796707
TMI BlogMigration to GSTX X X X Extracts X X X X X X X X Extracts X X X X ..... I am registered under Service Tax Law 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. Suppose 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 conseque ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nces if the Govt does not give relief 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 Department, 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the air before implementation of GST Act. - 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 criteria 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. - M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... igration to GST - Query Started By: - SUSHIL GOYAL Dated:- 15-5-2017 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
