OpenELEC Forum
Why choose GST Registration for business growth? - Printable Version

+- OpenELEC Forum (https://forum.openelec.tv)
+-- Forum: Off Topic (https://forum.openelec.tv/forumdisplay.php?fid=66)
+--- Forum: MISCELLANEOUS (https://forum.openelec.tv/forumdisplay.php?fid=67)
+--- Thread: Why choose GST Registration for business growth? (/showthread.php?tid=89222)



Why choose GST Registration for business growth? - MuditHanda - 10-06-2018

There is no doubt that in today's scenario GST registration is one of the primary concerns for any enterprise. And here is how GST registration can help you attain smooth business growth-

-Easy access to govt. tenders.
-Ease in opening the current account.
-Access to global opportunities.
-Ultimate ease of doing business.


RE: Why choose GST Registration for business growth? - Ritika Kumari - 11-16-2018

Registration under Goods and Service Tax (GST) regime will confer following advantages to the business:

1.Many unorganized sectors are covered under Goods and Service Tax.
2.Proper accounting of taxes paid on the input goods or services which can be utilized for payment of GST Registration due on supply of goods or services or both by the business.
3.Simplified procedure- everything is made easier by making everything online.
4.Registration threshold is set higher. This exempts the small-scale businesses from Online requirements.


RE: Why choose GST Registration for business growth? - Amouth - 03-10-2020

Looks really good. I think this software can really boost your sales. I can also recommend to get consultations from this company about your business or investments. Their wealth management experts can help you to improve your management and get better results. Hope this will be interesting for you.


RE: Why choose GST Registration for business growth? - corpbiz01 - 05-08-2020

The one nation, one tax system aims to improve India’s competitiveness in global markets. GST will ensure minimal cascading of taxes and thus, an anti-inflationary approach. This also leads to a reduction in the costs of doing business. Another benefit of GST is that no taxpayer is required to pay tax on advances received for supply of goods. 

A key feature of GST is the existence of a robust IT system for online GST registration, payment and filing of taxes for easier compliance.