What is GSTIN?
The Goods and Service Tax Identification Number (GSTIN) is the unique number each taxpayer will receive once they have registered on the common portal. It is based on a taxpayer’s PAN. For more details, please read our article on GSTIN.
What are benefits of GST Registration?
For normal registered businesses:
1. Take input tax credit 2. Make interstate sales without restrictions
B. For Composition dealers:
1. Limited compliance 2. Less tax liability 3. High working capital
C. For businesses that voluntarily opt-in for GST registration (Below ₹ 20 lakhs)
1. Take input tax credit 2. Make interstate sales without restrictions
3. Register on e-commerce websites. 4. Have a competitive advantage compared to other businesses
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Get More Information @ https://www.gstregistrationonline.org/gst-online-registration