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  5. Why is a GST number mandatory for my online business?

Why is a GST number mandatory for my online business?

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  • V Offline
    V Offline
    Viv An
    wrote on last edited by
    #1

    In what circumstances is a GST number required for my online furniture business, and when is it beneficial?
    One more thing, how does GST registration influence my tax compliance, ability to sell across states, and ability to claim input tax credits?

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  • S Offline
    S Offline
    Siddarth
    wrote last edited by
    #2

    For any online business, a GST number is mandatory regardless of your turnover. If you have a GST number, then you can easily trade across states, enhance business credibility and compliance, and claim input tax credit on purchases.

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