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Tuesday, November 8, 2016

Use your debit or credit card to pay GST online

You could soon use your debit or credit card to pay GST online

A new and simpler portal for the incoming Goods and Services Tax regime went live today that will enable easy filing of returns and tax payments through credit/debit cards and other modes.

As much as 60 per cent of the software needed to run GST is ready and GSTN - the company building the gigantic infrastructure and IT backbone for it, made the portal live for migrating existing tax payers.

It will test the software for integrating a welter of state and central levies before the 'one market, one rate' tax model comes into being from April next year.

GSTN Chairman Navin Kumar said migrating more than 65 lakh VAT payers, about 20 lakh service tax payers and about 3-4 lakh central excise duty payers to a new portal has started.

A provisional identification number, called GSTIN for the assesses who have moved to the new portal is being generated, Kumar told PTI.

New registrations under GST will start from April 2017.

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