Understanding GST Registration: Benefits, Obligations, and Compliance Tips
Introduction
The Goods and Services Tax (GST) has transformed the tax landscape in India, simplifying the tax structure and increasing transparency. For business owners, understanding the intricacies of GST registration is not just about compliance, but also about grasping the advantages it offers. This comprehensive guide delves into the benefits of GST compliance, the obligations it entails, and practical tips for maintaining compliance, along with insights into managing audits and assessments.