Why Register for GST?
Registering for GST offers several key benefits:
Legal Compliance: Operate your business legally and avoid penalties.
Input Tax Credit: Avail input tax credit on your purchases, reducing your tax burden.
Competitive Advantage: Enhance your business credibility with suppliers and customers.
Easier Compliance: Simplified tax procedures and return filing processes.
Who Should Register for GST?
1: Businesses with an annual turnover exceeding ₹40 lakhs (₹20 lakhs for special category states).
2: Service providers with an annual turnover exceeding ₹20 lakhs (₹10 lakhs for special category states).
3: Individuals making inter-state supplies.
4: E-commerce operators and aggregators.