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Why should I obtain a GST Registration?

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Why should I obtain a GST Registration?
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  1. If you are liable to get registration under the CGST Act, you should get registered, else, as provisions u/s 122 of the CGST Act, any person who fails to obtain registration under the Act, will be levied a penalty of Rs10,000 or amount equivalent to tax evaded, whichever is higher

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