{"id":3594,"date":"2017-06-07T13:21:53","date_gmt":"2017-06-07T07:51:53","guid":{"rendered":""},"modified":"2017-06-07T13:21:53","modified_gmt":"2017-06-07T07:51:53","slug":"differntial-rates","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=3594","title":{"rendered":"Differntial rates"},"content":{"rendered":"<p>Differntial rates<br \/> Query (Issue) Started By: &#8211; arun aggarwal Dated:- 7-6-2017 Last Reply Date:- 8-6-2017 Goods and Services Tax &#8211; GST<br \/>Got 4 Replies<br \/>GST<br \/>Sir<br \/>\nI am a manufacturer ragistered dealer<br \/>\nwith the arrival of the rates of GST, a strange position has occured<br \/>\nThe GST rates are much lower than Excise rates prevailing today<br \/>\nPls advice the treatment of the input balance at the the time of sale under GST of the finished goods stocks , as that can never be adjusted if I carry forward the input even indefinately.<br \/>\nArun<br \/>\nReply By MARIAPPAN GOVINDARAJAN:<br \/>\nThe Reply:<br \/>\nSection 54(3) of CGST Act, 2017 provides that subject to the provisions of section 54(10) a registered person may refund of any unutilized input tax credit at the end<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/forum\/issue?id=112025\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Differntial rates Query (Issue) Started By: &#8211; arun aggarwal Dated:- 7-6-2017 Last Reply Date:- 8-6-2017 Goods and Services Tax &#8211; GSTGot 4 RepliesGSTSir I am a manufacturer ragistered dealer with the arrival of the rates of GST, a strange position has occured The GST rates are much lower than Excise rates prevailing today Pls advice &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=3594\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Differntial rates&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-3594","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3594"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3594\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}