dear sir I am a registered trader of paddy and wheat, i purchases paddy & wheat directly from farmers, and sales to registered miller, on purchases i pay mandi tax, i also pay UP VAT, so plz explain how does GST will affect me.

respected sir,
i have received provisional id from department. i want to know is what happens when i do not migrate my self in to gst.
as per sec 139 (1) every person reg under existing law shall be given provisional registration .then why this migration prosedure.please discuss
thanking you

is it possible to purchase interstate without gst registration? in case annual turnover is belew 10 lakhs

I am a manufacturer of rice. We sell rice in various packing sizes like 10kg, 25Kg etc with our brand name. Will it attract any GST on it?

Thanks
Nitin

Dear Sir,

Currently for apartments booked by a person, there is net of 6% Service tax (along with VAT charges by respective state govenments). THis is due to the 60%/65% abatement provided for input of raw materials etc going into the construction cost - which has already suffered tax.

With GST regime, it is understood that real estate will face 12% GST as replacement of service tax and VAT

However, the article below highlight tow concerns.

http://www.moneycontrol.com/news/business/economy/gst-rates-under-construction-properties-to-attract-12-tax-2284599.html

a) The value of land is included in the amount charged from the service recipient.” These will be taxed at 12 percent with full input tax credit.
What does above mean? does it mean the buyer is taxed twice once for stamp duty/regn expenses on land cost & again 12% service tax?

b) The second point is on abatement as below:-
Earlier, both developers and homebuyers received benefits under the abatement scheme (reduced tax rate under a special scheme). Under the current service tax regime, for those buying an under-construction flat, an abatement of 75 percent was allowed, subject to the flat being less than 2,000 sq ft and sold for less than Rs 1 crore, taking the effective tax rate from 15 percent to 4 percent. Similarly, if the cost of the flat was above Rs 1 crore and the size of the unit was more than 2,000 sq ft, the abatement was reduced to 70 percent and the effective tax rate to be borne by the buyer was 5 percent. States also charged VAT over and above service tax. This has now been done away with, say experts.

So, if there is no abatement, will there be 12% GST on the total cost of flat, which will spike the cost exorbitantly.

Though it is still a beginning of discussion, the news causes worry to the flat buyers like me.

Kindly provide clarification / explanation on real situation

THanks and Regards

Rajasekar

how existing ITC available will be dealt after GST?

A company paid CST on the basis of commercial invoice in the current regime. The goods are kept in the premises at the request of the buyer and hence Excise Duty is not yet paid. If the same goods are actually removed in the GST regime what will be the liability and under what provisions?

It is stated that existing Ser. Tax exemptions will continue in GST. But from the list of Council approved exemptions, construction services to Govt. for non commercial purposes is missing. Please recall Sec.102 of Finance Act,1994 and Notn.9 of 2016. is it a miss or purposeful?

Dear All,

Please advise is there any abatement in GST for hotel industry. if yes then at what percentage.

what is total turnover for eligible for GST number