I don’t have CST or VAT, am I liable for tax for purchased goods?

I have a medicine wholesale license and I don’t have CST or VAT registration. But I am purchasing goods from other states and anyhow doing the business. At the time of GST registration am I be liable for any type of tax for the purchased goods?

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3 Answer(s)

Since you are buying from other states you are liable to get registered under GST. since you are not currently registered in any law I assume that your turnover is less so you can opt for composition scheme in GST.

Answered on May 12, 2017.
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You need to enroll for GST which will be start from 1 june

Answered on May 12, 2017.
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If you are purchasing medicines from other state I.e. inter state so registration in GST is manafatory

Answered on May 12, 2017.
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Your Answer

Gen GST