Hi Friends,GST has replaced various indirect taxes, we have started this series on frequently asked questions on GST. This article is third in this series. What’s the benefit of registering a business under GST :-Registration under Goods and Service Tax (GST) regime will confer following advantages to the business:-Legally recognized as a supplier of goods or services. Proper accounting of taxes paid on the input goods or services which can be utilized for payment of GST due on the supply of goods or services or both by the business. Legally authorized to collect tax from his purchasers and...