EAdvisors

What is Goods and Services Tax (GST)?

GST levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as set off. In a nutshell, only value addition will be taxed and burden of tax is to be borne by the final consumer.

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Who is exempted to get GST registration?

GST Registration is not mandatory for persons who Supply agricultural produce from cultivation Make only exempt supplies (Nil Rated or Non-Taxable supplies) of goods or services Make supplies which are entirely covered under reverse charge

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