13/06/2023 Financial & Legal Services
GST (Goods and Services Tax) registration is the process of registering a business for the GST tax system. GST is a unified tax system that was implemented in India in 2017, replacing various indirect taxes such as VAT, Service Tax, and Excise Duty. Under the GST system, businesses are required to register for GST if their annual turnover exceeds a certain threshold. GSTIN is a unique 15-digit number that is assigned to each business that registers for GST.
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