5 Things for Businesses to Know as you Welcome GST
GST is here. While the entire country gears up to welcome the biggest economic and tax reform since Independence, here is a checklist for you – so that you easily transition into GST. Here’s looking at 5 main things you need to know in order to have a seamless and effective transition to GST 1. Transition of registration Any dealer who is registered under State VAT, Central Excise, Service tax etc. in the current regime, and holds a valid PAN – shall be given a provisional certificate of registration in GST in Form GST REG-25. Post the issuance of the provisional registration certificate, the dealer will have a time of 90 days in which the prescribed documents will need to […]