Goods and Services Tax or GST has been implemented in India from 1st July, 2017 and GST migration started from 2016. Since all entities registered under VAT or Central Excise or Service Tax did not migrate to GST, the time-limit for GST migration has been extended by another three months until end of September, 2017. Further, all entities having VAT or Central Excise or Service Tax registration are mandatorily required to obtain GST registration by migrating their data to the new system without fail.
To complete GST migration, entities registered under VAT or Central Excise or Service Tax would have received a provisional userid and password. Using the provisional userid and password, GST migration can be completed by providing additional information required under GST. Once, the GST migration application is completed, provisional GSTIN is provided to the business. Provisional GSTIN can be used by the taxpayer to transact business and the provisional ID would be confirmed and made final GSTIN by the Government automatically.
E-Tax Book Solutions is the leading business services platform in India, offering a variety of services like GST migration, GST registration, GST return filing, private limited company registration, trademark filing and more. E-Tax Book Solutions can help you complete GST migration in India and maintain GST compliance through a proprietary GST accounting software. The average time taken to complete GST migration is about 2 - 5 working days, subject to government processing time and client document submission. Get a free consultation on GST migration, GST accounting and GST return filing by scheduling an appointment with an E-Tax Book Solutions Advisor.
Advantages of Goods & Services Tax (GST)