GST registration is the unique identification number assigned to companies liable to pay Goods and Services Tax.
Credibility and Access to a Larger Clientele
registering for GST can boost a company's credibility, attract larger clients, and increase sales.
Input Tax Credit (ITC) Claims
GST-registered businesses can claim input tax credits on purchases, reducing their overall GST liability and improving cash flow.
Simplified Tax Compliance
GST registration simplifies tax compliance by consolidating multiple indirect taxes into a single system.
Government Schemes and Benefits
GST-registered businesses may be eligible for government schemes and benefits like tax credits or refunds.