My name is shivam sinha this is for the testing purpose
11 Feb, 2023
Voluntary registration or Self-registration by the dealers are made in order to get listed within the GST framework. It is applicable to every supplier who makes the supply of taxable goods and services or both needs to take registration under GST if his aggregate turnover in a financial year exceeds the threshold limit. This time it is somehow different from the rules and regulations as the government has been seeking some voluntary registrations.
GST is brought in to bring all the taxes under one regime. Here is the sum of the following taxes results in GST:
All the taxes claimed on manufacturing, trading, importing, exporting, consumption of goods and services are now popular as GST. It has merged the central and state taxes. But GST has 3 parts.
While some businesses fall under mandatory GST registration, there are a few where a person does not come within the criteria as described above and wants to take GST registration then he/she can get the registration voluntarily as other business registrations and licenses. Voluntary registration has advantages as well as some liabilities.
The following persons have to take online GST registration.
GST registration is only mandatory for every person who is specified by the government. But if a Merchants/Transporters/ Exporters are willing to take the registration then he must follow all the compliance. Online Legal India™ is your next stop solution. We offer a plethora of services in GST compliances such as Invoicing, Preparation and filing of GST return.
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