GST: India’s Great Migration challenge

Amid all the lobbying in fixing goods and services tax (GST) rates and with the 1 July implementation deadline fast approaching, businesses are busy completing the migration process. Businesses have to migrate from the present value-added tax (VAT), service tax and central excise registration to a GST registration.   Out of 84 lakh entities, 60.5 lakh have registered with the GST Network (GST…