ilmscore | Prediction Details
"This is from the perspective of the shopkeeper. What does it say? If I already hold stock on the date of the rate change, should I apply the revised rate of supply? Answer is yes. GST is charged on the date of supply not on the date of purchase. So even if the stock was purchased earlier that is before 22nd of September any supply that is sale made on or after 22nd September will attract the new rate."
By CA Rachana Phadke Ranade | September 22, 2025 | Correct
From video
GST 2.0: Seller’s BIG Loss or Customer’s Gain? | CA Rachana Ranade 00:01:10 - 00:01:46
Interpreted Prediction
Even if a shopkeeper purchased ACs before the GST rate change, they must charge the new, lower GST rate on sales made on or after September 22nd.
AI Evaluation Notes
The prediction stated that any sale made on or after September 22nd, 2025, would attract the new GST rate, regardless of when the stock was purchased. Based on GST rules, GST is charged on the date of supply, not purchase, making the prediction accurate.

Prediction Details

Topic
GST on ACs

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