26.8.14

GST: Dates that You & I should know

6 months before GST implementation (October 2014) - it is the recommended period to register GST as it provides adequate time for businesses to make preparation.

3 months before GST implementation (January 2014) - GST system makes it compulsory for businesses that exceeded the prescribed threshold to register GST

Official date of GST implementation (1 April 2015) - GST registered businesses begin to impose 6% GST

No comments:

Post a Comment