<p>If you have not been able to register on the GST Network within the deadline ending on June 15, do not panic! <br /><br />There’s one more chance coming your way as the registration for existing excise, service tax and VAT payers will reopen on June 25.<br /><br />There are about 80 lakh excise, service tax and VAT assessees as present, of which 64.35 lakh have already migrated to the portal of GST Network — the company readying the IT backbone for GST regime.<br /><br />The window for migration to the GSTN, which opened on June 1, will close on Thursday and during the fortnight, 4.35 lakh taxpayers have enrolled taking the total to 64.35 lakh. However, this is 80% of the existing assessees.<br /><br />GSTN Chairman Navin Kumar sought to allay concerns of businesses who have not registered so far saying that the tax department is “obligated” to provide them smooth transition into the GST regime but traders should also come forward and complete the registration process by filing up the application form.<br /><br />“Whosoever wants to do business under GST and wants to migrate, we will provide facility to them even after June 15. From June 25, anyone who is left out now, can come and file information and migrate to GST,” Kumar said.<br /><br />Registration with the GSTN is necessary for doing business in the Goods and Services Tax (GST) regime as businesses will have to upload monthly sales data as well as file return forms on this portal.<br /><br />Make it in time<br /><br />“People should not panic. If you are left out, you will get another opportunity because the law says anybody who is registered under taxes which are subsumed under GST if they have a valid PAN then they will be given a valid registration.<br /><br />“So, it is the tax department’s obligation to give them provisional GST registration provided they have PAN. Therefore, even if they miss this window of June 15, they can come back on June 25,” Kumar added.<br /><br />However, GSTN is prodding taxpayers and has sent emails to over 30 lakh assesses who have not completed their registration process to make them ready by scheduled rollout date of July 1.<br /><br /></p>
<p>If you have not been able to register on the GST Network within the deadline ending on June 15, do not panic! <br /><br />There’s one more chance coming your way as the registration for existing excise, service tax and VAT payers will reopen on June 25.<br /><br />There are about 80 lakh excise, service tax and VAT assessees as present, of which 64.35 lakh have already migrated to the portal of GST Network — the company readying the IT backbone for GST regime.<br /><br />The window for migration to the GSTN, which opened on June 1, will close on Thursday and during the fortnight, 4.35 lakh taxpayers have enrolled taking the total to 64.35 lakh. However, this is 80% of the existing assessees.<br /><br />GSTN Chairman Navin Kumar sought to allay concerns of businesses who have not registered so far saying that the tax department is “obligated” to provide them smooth transition into the GST regime but traders should also come forward and complete the registration process by filing up the application form.<br /><br />“Whosoever wants to do business under GST and wants to migrate, we will provide facility to them even after June 15. From June 25, anyone who is left out now, can come and file information and migrate to GST,” Kumar said.<br /><br />Registration with the GSTN is necessary for doing business in the Goods and Services Tax (GST) regime as businesses will have to upload monthly sales data as well as file return forms on this portal.<br /><br />Make it in time<br /><br />“People should not panic. If you are left out, you will get another opportunity because the law says anybody who is registered under taxes which are subsumed under GST if they have a valid PAN then they will be given a valid registration.<br /><br />“So, it is the tax department’s obligation to give them provisional GST registration provided they have PAN. Therefore, even if they miss this window of June 15, they can come back on June 25,” Kumar added.<br /><br />However, GSTN is prodding taxpayers and has sent emails to over 30 lakh assesses who have not completed their registration process to make them ready by scheduled rollout date of July 1.<br /><br /></p>