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The process of GST Migration

The process of GST Migration

Willsn way 673 24-Sep-2019

As a business owner you must be aware of the importance of GST registration. Without the GST registration your business might fall into many kinds of unwanted problems. To make sure that your business runs smoothly in terms of taxes you need to register GST online. However, another thing to consider is the GST migration process. This is an important process that needs consideration. There are a few steps that need to be completed in order to ensure GST migration.

As the first step, the owner of a business will have to do provisional registration. Upon enrollment, the taxpayer will receive a provisional registration certificate in FORM GST REG-25. It will contain the GSTIN. In case the tax payer has multiple registrations under the earlier law in the basis of his one single copy of PAN then he will be granted only one provisional registration under GST. A person who possesses central registration under the tax of service will be provided with one single GST provisional registration in that specific state where he is registers as a service tax payer.

Thereafter, comes the final registration process. Here, the person will need to register under GST and then he will have to submit an application via electronic media in FOR< GST REG-26. Any information that has to be provided must be given within a time of three months. If all the provided information happens to be correct then the applier will get the final GST registration in FORM GST REG-06. In case the provided information turns out to be incorrect then an office will issue a notice of show cause in FORM GST REG-27. The applier will be able to voice his statement and after that the provisional registration might get cancelled in FORM GST REG-28. In case the reply of the applicant proves to be satisfactory then the show cause notice will be dissolved by issuing an order in FORM GST REG-20.

If you are a business owner who finds this process of GST migration quite difficult then you will have to find a firm or a company that will take care of this process on behalf of you at the exchange of money. In order find such a company you will need to do a proper market research to ensure that you do not get cheated. GST migration is an important process in a business and thus it needs to be done carefully. As the first step of selecting a company you will have to make a list of available companies. You can prepare the list by searching the internet or you can ask for recommendations from your known circle.

Once you have completed the list you will have to compare the companies in terms of their years of experience, expertise and quality of provided service. This will help you to pick a single company that will stand out from the rest. Make sure to do some more research on this company to make sure that you have made the right choice. You can visit the company website to know more details about the company.


Updated 16-Nov-2019
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