GST registration not only helps you in getting your business recognized as a legal registrant but also opens a number of opportunities for your business. Some of the benefits to GST registered business at glance are as follows: –
- Avail Input Tax Credit (ITC) unlike Unregistered Dealers
- Sale without restriction across India
- Better than unregistered competitors.
- Apply Government Tenders
- Open Current Bank Account
- Avail Government subsidy benefit like MSME loans 9 % instead of 16%
- Sell products on Flipkart, Amazon, Paytm, Shopify or through your own website