GST migration for Excise to start from 5th January 2017
GST migration for excise which was to start from 1st of January will start from 5th January. The schedule for migration has be rescheduled. Here it is important to know that the taxpayers registered in VAT and excise are not required to register again. In GST only one registration will be required for a state. This migration will be for the taxpayers who are registered only in Excise. Generally most of the dealers are registered in both excise and VAT. Fot hose people migration is already done.
Requirements for GST migration for excise taxpayers:
If any taxpayer is registered in VAT they don’t need to apply here. In GST there will be single registration. People who have migrated through VAT registration are not required to do anything here. There are some taxpayers like 100% EOQ who are not registered in VAT. They will be required to get migration here.
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