What are the consequences if i can`t migrate to gst

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

29 April 2017 Dear Sir/Madam,

This is Siva

I want to know what are the consequences I have to face, If I can`t migrate to GST with in Due Date(30th Apr 2017)

Expert : Anonymous

Expert : Anonymous (Expert)

30 April 2017 Nothing will be happen if you will not migrate to GST before 30th April.. As currently there is no law to enforce you migration before due date.. Once GST will be applicable from appointed date you will be given time period to get yourself registered as GST Supplier.

RUSHI GSTM

RUSHI GSTM (Expert)
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05 May 2017 Wait for Provision. if not migrated you have to take registration before 1st July. But you will loss your balance credit if any

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Expert : Anonymous

Expert : Anonymous (Expert)

05 May 2017 Don't misguide him.. He will not loose any credit..

Expert : Anonymous

Expert : Anonymous (Expert)

08 May 2017 I think there is no provision which talks about losing of credit if not migrated to GST.

Expert : Anonymous

Expert : Anonymous (Expert)

08 May 2017 No consequencea yet as nothing is notified in this regard but may be u have to register freshly in gst if u dont enroled in it which will cost u more & also u have to follow more proçedure than now.