Secrets You Want To Know About GST Registration

Online GST or Goods and Services Tax (GST) is a cumulative indirect tax system. It has been implemented by the central and state governments of India. This is mainly to eliminate the several indirect taxes like excise duty, VAT, entertainment tax, etc. Hence, it has become essential for every business entity to register under the …

GST Registration Input tax credit mechanism

The main features of GST Registration/goods and service tax (GST) in India is its continuous chain of Input Tax Credit (ITC). Nowadays the indirect taxation and cascading of tax are noteworthy because of the non-availability of ITC at various stages. For example, ITC of CTC, luxury tax, etc is not available. Similarly, the ITC of …