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Resource Centre / Categories :- Miscellaneous  » Miscellaneous
What is advantage of taking registration in GST?
Team SoOLEGAL | 01/01/1970

Registration  under  Goods  and  Service  Tax    (GST) regime will confer following advantages to the business:

•Legally   recognized   as   supplier   of   goods or services.

•Proper accounting of taxes paid on the input goods or services which can be utilized for payment of GST due on supply of goods or services or both by the business.

•Legally authorized to collect tax from his purchasers and pass on the credit of the taxes paid on the goods or services supplied to purchasers or recipients.


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