News
GST final draft to retain clause on services sector (No Centralised Registration for ST Assessees)
- Date:
- March 1, 2017
- Source:
- Live Mint
The goods and services tax (GST) council is likely to retain a clause in the law that will require service providers to register in every state where they operate, despite recent representations from various Union ministries and telcos, banks, and insurance firms for a single registration system. At present, service providers benefit from a single centralized registration system for paying service…