Migration to GST from VAT: How states have taken to new tax regime

So far, 8 million taxpayers have registered for the GST

Migration to GST from VAT: How states have taken to new tax regime
Business Standard
Last Updated : Jul 31 2017 | 12:49 AM IST
Most states have  posted robust growth in migrating existing VAT payers to the GST. So far, 8 million taxpayers have registered for the GST, which includes 0.6 million new ones.

While Goa, Andhra Pradesh, and Karnataka top the list with over 90 per cent VAT payers already migrated to the GST regime, the North East region, Jammu and Kashmir, and Odisha have been slow in the transitioning process. 

The pace has been slow for exclusive excise duty and service tax payers, of which just about 35 per cent and 60 per cent have enrolled for the GST. This could be on account of entities that stopped filing returns or filed nil returns. Maharashtra and Gujarat top the list for new taxpayers.





 





One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story