Pros and Cons of Voluntary Registration in GST

Pros/Benifits-

• you can do B to B( Business to Business) Transactions
• Other registered dealers will not have to pay tax in reverse charge.

 Cons/Disadvantages

• Once Registered, you have to pay taxes on all supplies, even if turnover is less than 20 lakhs.
• Even if no transations in any month, return will have to be filed regularly.