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GST Trivia

CGST assessee base

Under the CGST model proposed, with threshold of annual turnover of Rs.10 lakhs, the present assessee base of Excise and Service Tax of about 10 lakhs will increase to about 50 lakhs as every manufacturer and Trader above the specified threshold will be liable to CGST

Teaser

Can the Central Excise Administration handle the increased assessee base?

Should State VAT authorities administer CGST also of assessees below a certain threshold. Say annual Turnover of Rs.5 Crores?

How is this issue to be handled?

 
 
 
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