GST :- Tax Rate change from VAT 6.05% to GST 5% ????

Ankur (Advocate) (23 Points)

09 June 2017  

If closing Stock of VAT 6.05% on 30/06/2017 then tax rate change after GST Applicability to 5%. 

In this case shall we reverse 1.05% tax (VAT 6.05- 5% GST) VAT and GST difference.

reverse claimed ITC on 6.05% or not.