Thursday, 6 July 2017

Pros and Cons of Voluntary Registration in GST

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

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