Tag Archives: GST tax

Why GST, What are benefits ?

To Trade

1- Reduction in multiplicity of taxes

2- Mitigation of cascading/ double taxation

3- More efficient neutralization of taxes especially for exports

4- Development of common national market

5- Simpler tax regime

6- Fewer rates and exemptions

7- Distinction between Goods & Services no longer required.


To Consumers

1- Simpler Tax system

2- Reduction in prices of goods & services due to elimination of cascading

3- Uniform prices throughout the country

4- Transparency in taxation system

5- Increase in employment opportunities (an indirect impact we can say)

A Step by Step Guide for GST Enrolment for existing Central Excise / Service Tax Assessees

Well today I am writing here the steps to GST Enrolment for existing Central Excise / Service Tax Assessees. Hope it would be helpful to some one.

All existing Central Excise and Service Tax assessees will be migrated to GST starting 7 th January
2017. To migrate to GST, assessees would be provided a Provisional ID and Password by CBEC.

Provisional IDs would be issued to only those assessees who have a valid PAN associated with their
registration. An assessee may not be provided a Provisional ID in the following cases:

a. The PAN associated with the registration is not valid
b. The PAN is registered with State a Tax authority and Provisional ID has been supplied by the
said State Tax authority.

c.There are multiple CE/ST registrations on the same PAN in a State. In this case only 1
Provisional ID would be issued for the 1 st registration in the alphatebical order provided any of
the above 2 conditions are not met.

The assessees need to use this Provisional ID and Password to logon to the GST Common Portal
(https://www.gst.gov.in) where they would be required to fill and submit the Form 20 along with
necessary supporting documents.

Subsequent pages provide the Steps to be followed by each assessee to migrate to

Step 1: Logon to ACES portal using the existing ACES User ID and Password.

Step 2: Either follow the link to obtain the Provisional ID and Password OR navigate using the Menu

Step 3: Make a note of the Provisional ID and password that is provided. In case a Provisional ID is not provided, please refer the Next Step section. In case of further doubt please contact the CBEC Helpdesk at either 1800-1200-232 or email at cbecmitra.helpdesk@icegate.gov.in

Once you have obtained the Provisional ID and Password, logon to the GST Common Portal
(https://www.gst.gov.in) using this ID and Password.
The GST Common Portal has made avilable a manual on how to fill the Form-20. It is available on www.gst.gov.in.

For more info one can visit official site – www.gst.gov.in