GST Network to reopen enrollment process on June 25
GST Network has announced that it will reopen the enrollment process on June 25 to allow all taxpayers to smoothly complete the process.
The exercise started from November 8 and continued till April 30 by which around 60.5 lakh taxpayers had enrolled. More than 4 lakh of the remaining taxpayers have completed their enrollment during the second window that opened on June 1. However, for the remaining taxpayers, there will still be another opportunity to accomplish the task.
GSTN has been working overtime to ensure there are no hiccups in the commencing of the ambitious indirect tax regime. The GSTN has set up a robust portal already equipped to handle as many as 3.2 billion transactions every month. All taxpayers, who have a valid PAN and are currently registered under any State or Central taxes that will be subsumed in GST, are being migrated to GST under this process of enrollment, which essentially implies validating the data of existing taxpayers and filling up the remaining key fields at the GST Common Portal, which will serve as a one-stop shop for all taxpayers.
“We realize that when we are implementing a change of this magnitude, taxpayers must be given sufficient time and opportunity to smoothly join the new online platform that will usher in a unified tax structure. Already, a majority of taxpayers have enrolled themselves for GST. Yet, those who might still be left due to any circumstances or technical inability need not panic with the closing of this window as we will open another round of enrolments from June 25,” said Navin Kumar, Chairman, Goods & Services Tax Network (GSTN).
The GST Common Portal will enable taxpayers to meet the GST compliance requirement like filing returns and making tax payments.
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