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GST registration in India is a mandatory process for businesses that engage in interstate commerce or exceed a specified sales threshold. Businesses can claim input tax credits on their purchases and collect the Goods and Services Tax (GST) from their clients thanks to this registration. Businesses are given a special Goods and Services Tax Identification Number (GSTIN) upon registration, which makes it easier to comply with tax laws and maximizes operational effectiveness. It is essential for enhancing a company's reputation, expanding access to markets, and avoiding fines related to non-compliance.
