Life after implementation GST (Open)
Ashi  26 August 2016
Dear Friends
I want to know that
if I join an industry (manufacturing) for handling excise duty profile, what is the life after implementation of GST.
Now for goods there are two type of tax 1) Excise (at the time of production) and 2) Vat (at the time of consumption)
After implementation of GST there will be only consumption based tax so production based tax get completely get vanished (I.e excise duty get vanished).
If I join now probably after one year gst might get implemented so my one year of experience in excise get wasted. I'll be Fresher once again. is it ?
Please clarify me whether my experience get counted ? If yes please say me how ?
Thank you in advance
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Life after implementation of GST
Replies (6)
Well, if you have better option, you are right to accept that.
But otherwise experience is always counted. Take example of those who have worked in the field for years, but by implementetion of GST, they will also be FRESHER in your terms. What about their working experience of so many years? Industry takes it as advantage over others when all are freshers!!!
Thank you Dhirajlal Rambhia, if I have the option to choose excise or service tax , which will be better ? is it service tax ? as it'll remain even after implementation of GST so there will be no loose of previous experience.
"is it service tax ? as it'll remain even after implementation of GST ...."
Dear Ashi, who told you that service tax will remain along with GST?
None of these indirect tax will remain against GST!!!
But I would suggest to prefer service tax, as GST will be similarly structured as VAT and Service tax. Good luck.
Thanks a lot Sir
Most welcome & Good luck again & again
i dont think so
CGST should remain with production base, while SGST will go for consumption base,
cascading section was real estate and works contract, (including software development) which would still remain under grey shade after GST even, let the rules get framed, steady throughout then decide
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