20 May 2017
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?
Guest
Guest
(Expert)
23 May 2017
If excise duty is not paid then GST will be payable on Supply of the said goods under GST