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Tag search results for: "gst registration"
Enterslice
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 ... more
Online Legal India
GST registration refers to the process of registering a business under the Goods and Services Tax (GST) system in India. GST is a value-added tax levied on the supply of goods and services in India, and it has replaced many indirect taxes that were previously levied by the Central and State governments.Any business that supplies goods or services with a turnover exceeding a certain threshold must register for GST. The threshold limit for GST registration is currently set at Rs. 40 lakhs for most businesses (Rs. 10 lakhs for businesse... more