It not unfair to exempt Rs 20 lac limit, thus denying level-playing field to the honest taxpayer?

In the absence of a scientific method of knowing turnover of the unregistered dealer, is it not unfair to exempt Rs 20 lac limit, thus denying level-playing field to the honest taxpayer?

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1 Answer(s)

I don’t think so. Registered dealer can claim input credit of GST whereas for unregistered dealers it will be straight cost making their price expensive. obviously while selling if registered dealer do not make attempt to pass on the benefit of input credit on his final selling price his price will not be competitive.

Answered on June 12, 2017.
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Gen GST