What is GST Registration?
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Goods and services tax is concise because GST is an indirect tax system. GST encourages the concept of "one nation one tax forest market". Less compliance is less than GST system compared to GST system. GST has been implemented in countries to ease tax compliance and to make trade more flexible in other countries. All and all services involved in buying or selling goods and services apply or service tax or both are required.
Turnover for the business is Rs. GST registration is mandatory. 20 lakh or more and Rs. Claim 10 million and more for North Eastern states and consumer tax incentives or GST payout input tax credits. GST introduces the system simple and let us face VAT, CST, Oct., Service Tax and some alternative options. Goods and Services Tax is a tax system that simplifies things to tax consultants, freelancers, a legal system.
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