Apply For GST Registration in India

GOODS AND SERVICE TAX

GST is a path breaking indirect tax reform attempting to create a common national market. It came into effect on July 1, 2017. GST is based on consumption of goods and services and is a destination based tax which is collected at the point of consumption. All the existing state and central indirect taxes are subsumed under GST.


Registration: 

In order to supply goods and products in India, it is mandatory to do GST registration. Once you have registered under this regime, you will receive a unique GSTIN (Goods and Service Tax Identification Number). The Central Government issues a state-wise, 15-digit number to you once you complete registration. There are many advantages of GST registration including the fact that you will get a legal identity as a supplier. You can also avail input tax credit and collect GST from recipients of goods and services.


for more info visit mytaxadvisor.co.in

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