Notification date 18.07.2022

This query is : Resolved

jaigurudev (Querist)
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30 August 2022 dear sir,
govt has changed some tax rate from exempted to 5% for goods below 25kg.i have stock of goods of 25kg on 18072022 now i selling this stock of goods after converting to 26kg.should i pay gst?
with thanks

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 August 2022 No GST applicable in such a case.

jaigurudev

jaigurudev (Querist)
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30 August 2022 Respected sir, this is not tax evasion as below 25 kg is taxable and i convert the goods to 26kg to escape tax
with thanks

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 August 2022 Yes you are right......

jaigurudev

jaigurudev (Querist)
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30 August 2022 Dear sir, you write that i are right but sir advice me that i should pay gst on closing stock of goods below 25kg or not to be paid
with thanks

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 August 2022 No need to pay GST on closing stock.

jaigurudev

jaigurudev (Querist)
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31 August 2022 Thanks for your responce