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Over 1.2 mn biz apply for new GST registration

Figure of new registrations approved in GST crosses 1 million today: Hasmukh Adhia

GST, tax, investors
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Press Trust of India New Delhi
Over 1.2 million businesses have applied for fresh registration under the goods and services tax (GST) regime, Revenue Secretary Hasmukh Adhia has said. Of these, 1 million applications for registration have been approved, 200,000 are still pending approval.

“The figure of new registrations approved in GST crosses 1 million today. About 200,000 applications pending in the process,” Adhia tweeted. Businesses have time until July 30 to register under the new tax regime.

Also, during the course of the year, if a business becomes liable to register under GST, it needs to apply for registration within 30 days from becoming liable for it.