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GST registration is a mandatory requirement for businesses engaging in the supply of Goods and Services in many countries including in India. Firstly, GST is designed to streamline the complex tax structure by replacing various indirect taxes such as excise duty with a service tax system. This unification simplifies the tax system and ensures a more efficient collection process. Documents required for GST Registration is explained in this article.
To comply with legal obligations, it is essential for a business or firm to register with GST. This not only prevents legal complications but also facilitates smoother business operations and also ensures following the law. Additionally, GST Registration enhances the credibility of a business, and contributes to the overall growth and reputation of a business in the market.
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