Business registrations closed from June 1

PANJIM: Commissioner of Commercial Taxes on Monday has decided to close new registrations briefly on or after June 1 for effective implementation of the Goods and Services Tax (GST).

PANJIM: Commissioner of Commercial Taxes on Monday has decided to close new registrations briefly on or after June 1 for effective implementation of the Goods and Services Tax (GST).
“All dealers, trade  and industry, chartered accountants, tax practitioners and other stakeholders are informed that in view of implementation of Goods and Services Tax (GST) wef July 1, 2017, and for facilitating data migration of all existing registered dealers to GST common portal, no application for grant of new registrations or for carrying out any amendments to the existing registrations will be accepted from June 1, 2017 under all the existing laws which will be subsumed under GST,” said the Commissioner of Commercial Taxes.
The existing laws include Goa Value Added Tax Act, 2005 (except for dealers dealing in alcohol for human consumption and 5 petroleum products), Central Sales tax Act 1956, Goa Entertainment Tax Act, 1964, Goa Tax on Luxuries Act, 1988 and Goa Tax on Entry of Goods Act, 2000, says the notice issued by Commercial Taxes Department.
“However in case any person becomes liable for compulsory registration under relevant provisions of above mentioned Acts during the said period, he may file an application directly before the undersigned at head office,” the notices says.

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