The commercial tax department (CTD) has organized mega camps at all the nine divisional central station from Tuesday for mass enrollment/enlistment of traders and heads of business concerns and their units under the arrangements of the goods and service tax (GST) administration, which is to be upheld in the nation coming year.
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The camps are being sorted out on the CTD premises in Patna, Gaya, Bhagalpur, Munger, Purnia, Saharsa, Darbhanga, Muzaffarpur and Chhapra. Brokers from the regions concerned could likewise get enlisted under GST at the camps.
A senior CTD official in the rank of joint magistrate said anybody whose specialty unit’s yearly turnover is even Re 1 and conveys tax identification number value added tax (TIN-VAT) and/or TIN central sales tax (TIN-CST) ought to get enrolled under GST to receive the rewards of directing interstate exchange as would collect from the new expense administration in the nation.
He also added that “The registration done under GST at the camps will be free of cost. The CTD officials and employees will assist them,” said the official, adding that mass registration has already started and would continue till December 15. The camps at the nine divisional headquarters would also continue till December 15. “The mass registration is being organized under mission mode.”
“migration to the GST mode” is mandatory for all traders having the TIN-VAT or TIN-CST and having an annual turnover of Rs. 10 lakh or more. If they fail to avail of the opportunity for migration now, they would have to migrate to GST in April,” he added.
He also warned about the future consequences of not registering by telling that, “Those who do not migrate to the GST mode will not be able to conduct interstate trade. That is, they will not be able to procure any item from outside state for trade within his or her state (read Bihar), Those who do not migrate to the GST mode can trade only within the confines of Bihar.”
He also cleared the doubts of newly started ventures by the statement that, “such persons could “voluntarily register their concerns for TIN-VAT or TIN-CST and then “migrate to the GST mode.”
“There is a relevant section, 19(1), of the VAT Act which facilitates voluntary registration under TIN-VAT and TIN-CST. After this, even they could migrate to the GST mode at the mega camps. It would also be free of cost,” he added.
