Govt. notifies sections in GST Act

21 June, New Delhi

The government has notified sections in the GST Act dealing with mandatory registration of current indirect tax payers in the new regime.

As many as 18 sections relating to registration of current central excise, service tax and VAT payers with the GST-Network (GSTN) as well as transitional provisions were notified.

As a precursor to GST, the Central Board of Excise and Customs has also notified two rules relating to registration and composition levy.

All the notifications will come into effect from Thursday. GST, which is to be rolled out from first of next month will unify over a dozen central and state levies into one.

Every business carrying out a taxable supply of goods or services with turnover exceeding the threshold limit of 20 lakh rupees will be required to register.