About 65% Of Mumbai Firms Have Migrated To GST

Approximately 65,000 firms, out of around one lakh, in Mumbai zone have already migrated to the Goods and Services Tax (GST) so far, a senior service tax department official said. The department is hopeful that all those who have not yet migrated, will do so by the month-end. The last date for migration to GST is April 30.

"So far, around 65,000 assessees comprising large, medium and small-scale service providers have migrated to GST and we hope that the remaining ones will do so by the month-end," the official told PTI on Friday. "We are expecting all those assessees, who have not yet migrated to GST as yet, to do so by the month-end," he added.

The service tax department in Mumbai is divided into seven commissionerates. In Service Tax-V Commissionerate alone, around 4,500 firms have already migrated to GST and the department is expecting that the remaining 2,000 firms will migrate shortly.

Meanwhile, Service Tax-V Commissionerate, Mumbai kicked off a three-day GST Migration Mela on Friday. The idea is to assist and hand-hold the service tax assessees for migration to GST.

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