In the modern era of taxation, the Goods and Services Tax (GST) has emerged as a significant reform in the Indian indirect tax system. GST is a comprehensive, multi-stage, destination-based tax that is levied on every value addition in the supply chain. It has replaced various indirect taxes such as excise duty, service tax, VAT, and others. GST registrationis a crucial step for businesses operating in India to comply with the tax regulations and conduct legal transactions seamlessly.Understanding GST RegistrationGST registration is ...
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