Timeline extended for GST for traders
Posted on: 30/Sep/2017 11:42:47 AM
The central government has accorded approval to sell the items which were in stock prior to the implementation of GST to be sold at the new revised prices after GST.
The Department of Consumer Affairs has released an announcement stating that GST (Goods and Services Tax) was implemented throughout the country from last July. Subsequently, all the items are being sold at the revised prices as per GST.
In this scenario, giving due consideration to the traders, approval has been granted to the traders for selling the stock which was kept before implementation of GST at the new revised prices as per GST pasting new stickers. This will be valid only up to 31st December.
Earlier, this deadline had been set on 30th September by the central government. Now, with the above announcement, the deadline has been extended till 31st December.
