Gst registration Consultant in Delhi, India
Goods and Services Tax (GST) registration is essential for businesses that meet certain criteria. GST is a value-added tax levied on the supply of goods and services in many countries. Here’s a comprehensive guide to GST registration : Why Register for GST? Legal Requirement: Businesses with a turnover exceeding a specified threshold are legally required to register for GST. Specific business activities also necessitate GST registration , regardless of turnover. Tax Compliance: Ensures compliance with tax laws. Allows businesses to collect GST from customers and remit it to the government. Input Tax Credit: Registered businesses can claim input tax credit on GST paid on purchases. Enhanced Credibility: Gst registration Consultant in Delhi increases business credibility and opens up more business opportunities. Steps for GST Registration Determine Eligibility: Check if your business meets the turnover threshold or specific criteria for mandatory GST registration. The threshold varies