Tag: Penalty for Late GST Registration

Penalty for Late GST Registration and How to Rectify It

Why Timely GST Registration Matters Goods and Services Tax (GST) registration is mandatory for every business crossing the prescribed turnover limit under the CGST Act, 2017. Timely registration ensures compliance, enables Input Tax Credit (ITC) claims, and protects against penalties or notices. However, many small businesses and startups in India—especially in states like Bihar—often delay […]

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