It is a Destination Tax on the consumption of goods and services. GST levied at all stages from manufacture of the product to consumption by the final consumer. At each stage the tax is applied and the registered dealer or supplier takes the credit upstream of the taxes paid in the previous stages for the purpose of compensation. Only the additional cost of the product will be subject to the tax and the cost borne by the end consumer.

Yes, all small businesses register for GST, as it is mandatory for them to do so under the GST Act. You must definitely consider getting a GST for small business if you are a goods manufacturer with an annual turnover of over Rs. 40 Lakhs.

Registration under GST Tax can offer various advantages to the business like legally recognized as supplier of products or services, and it reduces the chance of double taxation.

A person is not eligible to claim an input tax credit until their business is GST registered. Only the registrant who has a GSTIN for their business can claim a GST credit already paid on their purchases or charge taxes on the supply of goods.

A person who carries on numerous business activities in a given State may obtain a separate registration document for each business separately, under such conditions as may be prescribed by GST law.

Yes, when we received the registration certificate from the Goods and Services Department. It will be considered permanent unless cancelled, postponed or withdrawn.

Registration for the GST can be canceled by receiving the request from the registered taxable person or his legal representative in the event of the death of this person. If the department appears to file an incorrect statement or for any reasonable reason, the department may take the step of opting out.