gst registration near me
Introduced in 2017, the Goods and Services Tax (GST) in India is applicable to service providers, traders, and manufacturers, consolidating various taxes like Service Tax, CST, Entertainment Tax, Excise Tax, and VAT. This indirect tax aims to streamline the taxation system, replacing multiple levies with a unified regime for simplified collection and enhanced efficiency. Presently, all businesses with an annual turnover exceeding Rs. 40 lakh must undergo mandatory GST Registration, while in North East & Hill States, it applies to those earning over Rs. 10 lakhs annually.