Online Gst Registration
Online GST Registration Online GST or Goods and Service Tax is an indirect tax in India. It is applicable on the supply of products and providing of services. A GST registration number is mandatory for any entity seeking to undertake the supply of goods and services across states while maintaining an annual aggregate turnover that exceeds INR 40 lakhs/20 Lakhs as the case may be. What is the need of GST? Interstate trading is not possible without GST number. It is possible only after registering the business under GST. You need to acquire a GSTIN if you want to compete with big brands like Amazon, Flipkart, Paytm on ecommerce platform or through your own website. In case of having GST Number, you can avail Input Tax Credit while filing for GST return which eliminates the cascading effect. It is a mandate issued by Govt. of India who basically try to save tax and keep oneself from the cascading effect of tax Benefits of GST 1) Under this system, a single product is taxed at the same rat