TaxTMI 
TaxTMI 
What is impact of Exempted unit in Uttaa Khand
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....hat is impact of Exempted unit in Uttaa Khand<br> Query (Issue) Started By: - Swapneswar muduli Dated:- 22-5-2017 Last Reply Date:- 24-5-2017 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>De....
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....ar Sir, We are a manufacturer situated in utarakahand presently we are in Exempted from Excise as well as CST & VAT so don't take Cenvat credit and also don't charge the Excise in Sales Invoi....
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....ce. But in GST how we will do our transaction whether we will Illegible for present Exemption or we need o pat tax under GST Please provide your valuable reply. Regards Swapneswar Reply By KASTURI....
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.... SETHI: The Reply: There was a news almost all the exemptions granted earlier are in tact in GST. Major impact is on small scale exemptions in Central Excise from ₹ 1.50 core to ₹ 20 lakh....
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....s. Basic framework of Central Excise and Service Tax same. Sections and Rules changed completely in both sectors. Reply By Ganeshan Kalyani: The Reply: Under GST it would be - pay the tax first and ....
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....then claim refund. Exemption is not there under GST.<br> Discussion Forum - Knowledge Sharing ....