Currently we pay 0.5% VAT instead of 5% applicable on Garments. This is due to small turnover company upto 50 lakhs annually.
What will happen post GST? Will we continue to have the benefit of small businesses or cease to get it?
Menu
Vat rebate for small traders
Replies (1)
" What will happen post GST? Will we continue to have the benefit of small businesses or cease to get it?"
One India, One Tax Rate.
All such small marginal differences will be rationalized and hence you may loose the incentive availed presently.
Recent Threads
- GST RCM on contractual consultant who works as lik
- Anyone registered for Spanish Language Course -ICA
- 54EC Capital Gains Tax Bonds
- We have bought MS Angles etc., and fabricated it t
- ICAI Scholarship
- GSTR-9 filling
- Intraday trading under presumptive
- Itc04 rorm date error
- Acknowledgment No. and date to be mentioned in rev
- Interest On Enhanced Compensation u/s 28 of Land a
Related Threads
CAclubindia
