Business Standard

8 mn may start migrating to GSTN portal from Nov 8

- PTI

INew Delhi As many as eight million assessees of excise as well as service tax and valueadded tax can start migrating their registrati­on to the Goods and Service Tax Network portal by November 8, GSTN Chief Executive Prakash Kumar said on Monday. "On that date, we are releasing enrolments," Kumar said. The GSTN, which is expected to provide technology infrastruc­ture for GST implementa­tion, will transfer onboard to its platform the details of eight million existing assessees of excise, value-added tax, customs and service tax. Kumar said the migration of assessee details onto the GSTN platform will sort out inconsiste­ncies and help industry get ready for likely GST implementa­tion date of April 1, 2017. "This move will help them do business without any hassle from April 1 next year, which is the likely GST implementa­tion date," Kumar said.

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