Documents Required for GST Registration GST registration is mandatory for businesses reaping yearly turnover exceeding Rs 40 lakhs. GST clubs various indirect taxes such as VAT, state taxes, excise duty, etc., to simplify the business tax structure. Getting registered under…
GST Registration for Small Business In the business realm, we often come across a widespread query like – Is GST registration for small businesses mandatory? The answer is yes since all businesses undertaking fiscal transactions fall under the GST regime.…
Trade License for GST Registration No, a trade registration is not a mandate for securing GST approval. There is a general misconception that a trade license copy serves as a mandatory annexure while applying for a GST certificate. In reality,…
