07-27-2004, 11:24 PM
Hi
As regards to the aforementioned question, I would say that hypothetically it is correct that their is benifit in registration as you can not pass on the GST without being registered yourself. However in Pakistan, the traders tend to charge the same price i.e. inclusive of GST thus passing the buck, withoout being registered themselve. Moreover you just do not declare that the increased price is GST inclusive. However if you sales are verifiable and to registered purchasers then it would be better to register yourself for GST.
Aamer Sikandar
As regards to the aforementioned question, I would say that hypothetically it is correct that their is benifit in registration as you can not pass on the GST without being registered yourself. However in Pakistan, the traders tend to charge the same price i.e. inclusive of GST thus passing the buck, withoout being registered themselve. Moreover you just do not declare that the increased price is GST inclusive. However if you sales are verifiable and to registered purchasers then it would be better to register yourself for GST.
Aamer Sikandar