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Goods and Services Tax (GST) is a consumption-based tax that is imposed on the supply of goods and services in India. GST is a unified tax system that replaces several indirect taxes that were previously imposed by the central and state governments. Businesses that have an annual turnover of more than 20 lakhs (10 lakhs for northeastern and hill states) are required to obtain a GST number. In this blog post, we will discuss the process of obtaining a GST number for a business in India. Step 1: Determine Eligibility The first step in GST registration is to determine the eligibility of the business. As per GST laws, businesses with an annual turnover of more than 20 lakhs (10 lakhs for northeastern and hill states) are required to register for GST. In case a business is already registered under the VAT or Service Tax, it is mandatory to register under GST. Step 2: Choose the Right GST Registration Type There are three types of GST registration: Regular, Composite, and Special. Regular R
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