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Govt asks businesses to register under GST by July 30

Goods and Services Tax - GST - Dated:- 15-7-2017 - New Delhi, Jul 15 (PTI) The government today asked traders to get registered under the Goods and Services Tax (GST) regime by July 30. However, traders with turnover of below ₹ 20 lakh or those .....

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ed to register now without waiting for the last date, a finance ministry statement said. Listing the benefits of getting registered under GST, the ministry said that input tax credit can be passed on in the value chain and due taxes collected will co .....

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arrying out any business and has an annual aggregate turnover in the preceding financial year exceeding ₹ 20 lakh, you need to register in all the states/Union Territories from where you are making taxable supplies, it said. Excise, VAT or serv .....

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ed not register under the GST regime can cancel their registration by July 22. Those who have not migrated but are liable for registration will have to do so by July 22, it added. For new taxpayers who are not registered under any of the erstwhile ta .....

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liable for registration. The finance ministry said if a business has a valid PAN, email ID and a mobile number, then it can file an online application on the common portal https://www.gst.gov.in/ and get registered for GST. Taking registration in GST .....

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tion but does not get registered, one will not be able to enjoy the benefit of input tax credit. Any registered person purchasing from him/her may not be able to get the input tax credit. Besides, not obtaining registration, though liable to do so, w .....

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