What is GST?
GST is a Goods and Service tax in India newly introduced by the government. Government will abolish the VAT, Service tax and Excise and levied GST only.
Who will require taking GST Registration?
Any dealer dealing in goods or services and having cross the threshold limit of 18 laks. Also following will be required to do GST Registration.
- Person making inter-state supply
- Person required paying tax under Reverse Charge Mechanism
- Commission Agents
- Supply of goods and services through Electronic Commerce operator like Flipkart, snap deal.
Migration from VAT to GST
Currently Migration starts from the vat to the GST in Maharashtra. For the migration we need Email id and mobile number.