Unravelling the Mysteries Is GST Registration Mandatory
14/03/2024 Others
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It is well known to us that India implemented a single tax known as the Goods and Services Tax (GST) on 1st July 2017. All previous indirect taxes imposed by the federal and state governments were suppressed by the GST. If an Indian entrepreneur’s turnover is above a specific level, they must register under the GST. Is GST Registration mandatory is an interesting topic and which is going to simplify in this article.
Under the GST, this is referred to as mandatory registration. India’s tax structure has undergone significant change since the Goods and Services Tax (GST) was introduced into the national economy. In the long run, the GST is supposed to make conducting business easier and streamline the tax process properly.
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