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of <h1>Businesses Gain Legal Recognition, Tax Credits, and Benefits with GST Registration; Authorized to Collect and Offset Taxes.</h1> Registration under GST provides several advantages to businesses, including legal recognition as a supplier of goods or services. It ensures proper accounting of taxes paid on input goods or services, which can be used to offset GST due on supplies. Businesses are authorized to collect tax from purchasers and pass on tax credits. Additionally, registration makes businesses eligible for various benefits and privileges under GST laws.
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