GST INDIA GST

  Good and Services Tax (“GST’’), envisaged as the single biggest tax reform since  Independence, is aimed to remove tax barriers between states to create a single market. GST is going to replace plethora of indirect taxes currently imposed at various stages of manufacturing, trading, etc. The implementation of GST …

All existing Central Excise and Service Tax assessees will be migrated to GST starting 7th January 2017. The Provisional ID and Password of the assessees is provided by CBEC in https://www.aces.gov.in/. Please note that those who are registered under State VAT Act and are also registered under Central Excise or …

For those of you who were expecting decisions from the GST Council facilitating early implementation of GST, there is disappointment in that the impasse on Dual Control besides other issues like Jurisdiction over Territorial Waters, Split between SGST and CGST of the agreed rate structure continues. Administration of IGST is …

It is learnt from press reports that Certain Central Ministries and representatives from service sector – Software, Telecom, Banking and Insurance Railways – made presentations on their concerns, to the GST Council. Their main concern is that they require centralized registration, as in present service tax legislation, since they render …

Briefing the press after the meeting of the GST Council on 23/12/2016 Shri. Arun Jaitley stated that the Primary draft of CGST and SGST law and the five schedules were cleared except provisions in the draft law relating to dual control and cross empowerment. Since wordings/ language of few other …

In the GST Council meeting held on 22/12/2016 it is reported that the provisions of the draft CGST legislation was discussed. The Annual General Meeting of the Empowered Committee of State Finance Ministers is being held after the conclusion of the GST Council meeting. It is expected that the issue …

The GST Council met on 11th December, 2016 to continue the deliberation on the draft legislations and the issue of dual control. Briefing the Press, Sri Arun Jaitley stated that 99 sections of the draft CGST/SGST legislation was discussed and that few provisions require redrafting and few provisions relating to …

Here is the link to the portal for migration of registration of existing assessees of Central Excise, Service Tax and VAT. https://www.gst.gov.in/ The process is Your provisional ID will come from your tax officer Update profile information and upload documents Enrolment is taken up in a staggered manner. At present …

The schedule of the enrolment activation drive for states as in GSTN website is given below. States Start Date End Date Puducherry, Sikkim 08/11/2016 23/11/2016 Gujrat, Maharashtra, Goa, Daman and Diu, Dadra Nagar Haveli, Chhattisgarh 14/11/2016 29/11/2016 Odisha, Jharkhand, Bihar, West Bengal, Madhya Pradesh, Assam, Tripur, Meghalaya, Nagaland, Arunachal Pradesh, …

Several States have initiated the facilitation for migration of existing assessees registered under the VAT Act of the respective States. Click to view the State Circulars It is requested in the portal to complete the enrolment during the specified dates. However, the window will be open till 31/01/2017 for those …