26.7 per cent of central taxpayers migrate to GSTN

Image
Press Trust of India Kolkata
Last Updated : Mar 22 2017 | 6:43 PM IST
Till date, 26.7 per cent of central taxpayers have migrated to Goods and Services Tax Network in the Bengal circle.
"So far, 26.7 per cent of 88,201 tax payers registered with the Central Excise and Service Tax have migrated to GSTN," Central Excise (service tax) chief commissioner R K Sharma said here today on the sidelines of a GST awarness programme.
The deadline for migration registration for GST is still March 31, though there are indications that the last date might be extended.
Asked why the migration registration was still low, Kolkata service tax commissioner S K Panda said that it might be that tax payers, who registered with the state, had in fact registered through their network only.
"Some, 85 per cent of the taxpayers registered with the state government have already migrated to GST. So, by default many of our taxpayers have migrated but not yet were captured in our own system," Panda said.
"We will review of migration after March 31," he said.
Officials said that GSTN network was ready and trials had been carried out with a few thousand taxpayers as pilot.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

More From This Section

First Published: Mar 22 2017 | 6:43 PM IST

Next Story