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Revised GST rates

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..... Revised GST rates
Query (Issue) Started By: - RAMESH ANANTHAKRISHNAN Dated:- 13-10-2017 Last Reply Date:- 16-10-2017 Goods and Services Tax - GST
Got 5 Replies
GST
As per the recent meeti .....

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..... ng of GST council, GST rates of 27 items have been reduced. Our product also comes under the revised rates. Till date we are clearing our finished goods with existing rate. We checked with our Range o .....

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..... fficers. They have advised us to wait till the notification issued. Meanwhile our customers asking goods with revised rate. Should we wait till the notification issued? Kindly advise. Reply By RAJA .....

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..... SWAMINATHAN: The Reply: The Validity of the revised rates comes into effect only from the date of notification . Hence it is advisable to wait till the notification is issued. Reply By KASTURI SETHI .....

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..... : The Reply: Normally notifications are enforced from the date of issuance of notification. If any notification is implemented retrospectively, it is specifically mentioned in the notification itself .....

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..... . Here we should not hope for retrospective amendment for reduction of GST. It is better to make clearance after the issuance of notification. It will be issued very soon. All are waiting for. Reply .....

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..... By RAMESH ANANTHAKRISHNAN: The Reply: Thanks for your comment Reply By Himansu Sekhar: The Reply: Revised rates will be applicablevfrom the date of notf. Reply By MARIAPPAN GOVINDARAJAN: The Reply .....

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..... : I endorse the views of Shri Sethi.
Discussion Forum - Knowledge Sharing .....

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