India introduced the Goods and Services Tax (GST) on 1 July 2017. GST is a unified and comprehensive tax system that applies to the supply of goods and services across the country. It proves to be the biggest tax reforms applied with the Principle of – one nation, one market and one tax.

GST simplifies the tax structure and you can understand the importance of GST registration with the below points:

Legal Compliance
GST registration has replaced several indirect taxes and it made the compliance procedure streamlined and straight forward. It ensures that the businesses remain compliance with tax regulations. It results in avoidance of potential penalties.

Transparency
GST is managed digitally, so it reduces the paper work and the risk of manual errors.  The process is more transparent to the tax payers and promoting a sense of trustworthiness and professionalism.

Economic Growth
GST has contributed to the formalization of economy by increased tax collection and infrastructure development.

Input Tax Credit
Businesses can claim credits for GST they have paid on purchases, which can be set off against the GST charged on sales and hence leads to reduction in tax liability.

Easy Access to Schemes
GST registered businesses can easily s access various government schemes and financial assistance from the banks while taking loans.

The guidance of Mr. Arun Narang will be helpful to you for filing out your GST and GST registrations with in the limited time frame and in a genuine fee.