Revenue wing allows time till Apr for GST registration

The revenue department has extended by a month till Aprilend the enrolment of dealers with the goods and services tax network (GSTN), the information technology (IT) backbone for the new setup, as so far only 60 per cent of the existing assessees are done with the switch over.

Revenue Secretary Hasmukh Adhia reviewed the IT preparedness of the GSTN last week and progress in registration of eight million excise, service tax and valueadded tax (VAT) assessees with the portal.

“So far, 74 per cent of the VAT assessees have migrated to the GSTN portal, while only 28 per cent of the excise and service tax assesses have enrolled for the new regime,” said Adhia.

05TH APRIL,2017,BUSINESS STANDARD,NEW-DELHI

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