GST base is set to cross one crore mark

Taxpayers for goods and services are set to scale the one-crore mark, marking a 25% jump in the number of taxpayers who were registered for payment of excise duty, VAT and service tax. "We will have one crore taxpayers in a day or two," said a government official. By Christmas, the government had managed to attract 99 lakh entities to register for GST, of which 16.6 lakh were composition dealers w…