Concept of centralised registration did not find space under the Model GST Law. This meant that every service provider who has single/ centralised registration will have to de-centralise and register in multiple states. Implying, multi fold increase in compliance. Mutiple assessments, audits, litigation etc.
Under current service tax law, most service providers have centralised registration i.e. they may be providing services from multiple state in India but have taken single registration. This make life much easier as far as compliance, tax payments, credit management, audits, litigation is concerned.
With GST, concept of single/ centralised registration was taken off as things are placed state specific. This has caused nightmare for certain industries which are spread across India by virtue of their business e.g. Telecom operators like Airtel, Vodafone and Banks like ICICI, HDFC.
This led to strong lobbying on behalf of Telecom, IT, banking, insurance and few other sectors to allow them single/ centralised registration. After the recently concluded GST Council meeting, FM Arun Jaitley acknowledged the fact that these sectors want centralised registration.
It remains to be seen if this demand is met.