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GST Registrations Likely to Hit Rs. 1 Crore Milestone by March This Year
August 02, 2017
According to a recent report by a leading national daily, the government is expecting about Rs. 1 crore GST registrations by March 2018 i.e. within the current fiscal. This will include registrations by the old as well as the new businesses.
In the recent past, the government said that the total number of GST registrations have gone past the 10-lakh mark while another 2 lakh registrations are pending.
As the figure is increased the overall tax base will expand considerably and give an impetus to the government’s tax revenue.