GST and Transitional provisions by V. Lakshmikumaran, Managing Partner, Lakshmikumaran and Sridharan (Full Speech)

18 July, 2017


Speaking at ASSOCHAM's National Summit on GST – Post Implementation Issues, the Managing Partner, Lakshmikumaran and Sridharan (L and S), - V Lakshmikumaran focused on the Transitional Provisions covering various situations such as: Carry Forward of Credit Lying in Returns, Carry Forward of un-availed Capital Goods Credit, Input Tax Credit of Inputs Held in Stock, Duty paid Goods returned after the Appointed date, Impact of Taxes paid under earlier Regime, etc.

He also Gave insights into Resolution of Disputes in HSN Classification for applying GST Rates by following General Rules of Interpretation and covers the Issues related to Composite or Mixed Supply.