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What is advantage of taking registration in GST?

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What is advantage of taking registration in GST?
posted Jun 26, 2017 by Deepika Jain

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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.

• Getting eligible to avail various

answer Jun 27, 2017 by Shubham Rajput
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