Clarification required on some queries realted to GST

[SANDESH SHINDE]

Dear Sir,

Request you to please provide some clarity on some queries related to GST.

1	Stock needs to be minimum exit March'17. WHY??
2	Why should we bill in Feb and Mar to do stocking if landing prices are to come down due to reducing in Tax, will company compensate on this??
3	Will there be a price parity in market, as inflitration will stop from other markets??
4	Will Tax adjustments stop after GST or will they continue as this effects operating prices??
5	Ambigiuity regarding Levied TAX structure on Different Products.
6	Sale & Purchase A/c Recociliations & its Differentiations.
7	Stocks Maintenance Criteria
8	What will be Tax imposition on Present Stocks & left over Stocks.
9	What will be scheme structure after GST
10	Campany will pay diff of tax on march stock if change happen in april ?
11	In bill rebate will increase or remain same
12	Above 1.5Cr.turnover need to submit tax related documents to both governments (State & Central)?
13	How better from VAT system & difference.
14	Why should I do billing in March 2016.
15	Need more clarity of GST.
16	Should I carry stock or not.
17	Can we bill to those dealers who don’t have TIN no. without any personal information like address / ph.no.
18	Need to maintained controlled stock.

AI Summary

User Seeks Clarification on GST Queries: Stock Maintenance, Billing, Tax Adjustments, and Market Impact Examined A user sought clarification on various GST-related queries, including stock maintenance, billing practices, tax adjustments, and the impact on pricing and market parity. Concerns were raised about tax imposition on current stocks, scheme structures post-GST, and the necessity of submitting tax documents for turnovers above 1.5 crore. Responses suggested reading the revised Model GST law for answers and noted the impracticality of addressing such comprehensive queries in a forum setting. It was highlighted that the impact of GST varies by business, requiring a detailed examination of each case.