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should i buy machinery after gst or before gst which will be benefit for me

Goods and Services Tax - Started By: - manohar singh - Dated:- 29-8-2016 Last Replied Date:- 4-7-2017 - i want to purchase machinery from other state, should i buy the machinery before gst is implement or after gst is implement. - Reply By Rajagopalan Ranganathan - The Reply = Sir,The provisions of GST Act is yet to be finalised. Therefore non comments can be offered on your query. - Reply By KASTURI SETHI - The Reply = Sh.Manohar Singh Ji, If you can wait for, better option is to purchase the m .....

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s of today, whether you can wait for long as none can predict exact date of Implementation. Present cost is 2% on account of CST but deferring the Machinery would lead to Loss of Revenue which company might earn from sale of products manufactured from machinery. - Reply By Ganeshan Kalyani - The Reply = Sir, I fully agree with all experts above. It was first said that GST would be implemented in 2010. Then it was much talked about. But could not happen due to valid reasons. Now the development i .....

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redit on intra state sale. However, as suggested by Sri Sanjay Sir the call is supposed to be taken by the management. The market and profit which you may foresee today may yield you more profit rather than waiting for GST and meantime learn that your competitor has already captured the market. Hence it is purely a business call. Taxation is just one aspect. Thanks. - Reply By manohar singh - The Reply = thanks you sir for u r valuable advice. i am not in a hurry to purchase , so would wait till .....

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