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Maharashtra tops in GST migration, fresh registrations

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Maharashtra tops in GST migration, fresh registrations
Maharashtra is on the top, among other states in the country when it comes to migration of existing traders and fresh registrations under the Goods and Service Tax Network (GSTN).

“Of the 916,000 existing taxpaying traders in Maharashtra, who had registered themselves under central excise, service tax and value-added tax (VAT), around 800,000 have migrated to the GSTN as on August-end,” Subhash Varshney, principal chief commissioner, GST and central excise, Mumbai zone, told PTI. “So far, 286,000 traders have already gone for fresh registrations in the state,” he said.

Uttar Pradesh (593,000) claimed the second spot followed by Tamil Nadu (523,000), he said.

Nationally, he said, 5.8 million traders of 7.2 million have migrated to the GSTN so far.

For fresh registrations, Maharashtra is followed by Uttar Pradesh ( 254,000) and Gujarat (116,000).

A significant increase in taxpayers’ base is expected in Maharashtra, he said.

The Business Standard, New Delhi, 08th September 2017

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