GST registration enables businesses to claim input tax credits and legally collect tax from customers. Registration under GST legally recognises a person as a supplier, authorises lawful collection of tax from purchasers, and requires proper accounting; it ... Summary
GST registration enables businesses to claim input tax credits and legally collect tax from customers.
Registration under GST legally recognises a person as a supplier, authorises lawful collection of tax from purchasers, and requires proper accounting; it also enables utilisation of input tax paid on goods or services to offset GST liabilities and access other statutory benefits tied to registration and compliance.
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