As we all know that goods and service tax is an indirect tax which has replaced many indirect taxes in India. Goods & services tax law in India is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. GST is one indirect tax for the entire country (One nation one tax). Introduction of GST is considered to be a significant step in the reform of indirect taxation in India. GST merges various central and state taxes into a single tax which leads to a common national market.
Only registered person can take input credit of tax paid on purchase. It removes cascading effects and reduces business cost.
You just need to register and pay only one tax because government has subsumed various kinds of taxes into one tax
GSTN holder can trade through India without any restriction however in case of unregistered dealer it is not possible to trade outside the state
However you carry a GST number so it became easy for you to get genuine customer as compare to unregistered person.
Person who wants to run their business on sole proprietorship basis can open their current account with bank easily if they have GSTN.
After obtaining the GST registration you will be able to make quote in various government or non-government tenders.
It became easy, just follow these steps to get your work done