Clarification as per Revised GST law

[Guest]

Dear Sir,

Please advise the implications as per revised GST law.

Will Tax adjustments stop after GST or will they continue as this effects operating prices??

Stocks Maintenance Criteria

Regards,

Sandesh Shinde.

[DR.MARIAPPAN GOVINDARAJAN]

In my view it will be stopped.

[Ganeshan Kalyani]

What is tax adjustment?

AI Summary

Tax adjustments under revised GST may cease, altering operating prices and prompting review of stock maintenance practices. Whether routine tax adjustments will cease under the revised Goods and Services Tax regime and how that change would affect operating prices and stock maintenance is the central query. One respondent answers that such tax adjustments 'will be stopped,' while another asks for clarification of the term 'tax adjustment.'