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Valid or Invalid

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7059 Points Posted on 03 November 2019
GST came in to existence in our country w.e.f.01-07-2017.Is the old (VAT) law still valid or Invalid in every state from 01-07-2017.
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On 03 November 2019 at 16:08 Report
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947 Points Posted on 03 November 2019
GST has subsumed most of the taxes including VAT.
As far as VAT is considered, GST will replace VAT on all goods except petroleum, electricity and human consumption.
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On 03 November 2019 at 21:09
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7059 Points Posted on 03 November 2019
Ok my question is about VAT is still valid or Invalid now?
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On 03 November 2019 at 22:34
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947 Points Posted on 03 November 2019
Still valid to the extent mentioned above. also asessennt / re assessment under VAT are still valid.
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On 03 November 2019 at 22:41
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GST Practitioner
55067 Points Posted on 03 November 2019
Yes ... assessments upto 30/6/2017 in vat is valid
301 Reply
On 03 November 2019 at 23:14


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