Levy of GST - Composition scheme - the turn over after the GST ...

Case Laws GST

July 22, 2021

Levy of GST - Composition scheme - the turn over after the GST regime came to force is less than ₹ 1 crore - The argument that the turn over in the financial year starting from 1.7.2017 has only to be taken into consideration ignoring the previous turn over in the VAT regime does not sound to reason, because when the legislature at more than one place used the word ‘preceding financial year’, it would only mean that as on 1.7.2017, the turn over of the previous year under the VAT regime has to be reckoned with for the purpose of extending benefit under GST regime, provided the self-declarations made are correct - HC

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Levy of GST - Composition scheme - the turn over after the GST ...

Case Laws GST

July 22, 2021

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