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GST Registration allows you to collect GST from your clients/ customers and avail the benefit of input tax credit for the GST you have paid to your vendors. However, based on your business you may have to take different licenses. For Eg., if you are in either food, medicine or chemical business you will have to take Trade License from local municipal ...
Wazzeer Professional Network
ProfessionalI have a GST Registration to my company. Do I still need to take any license to do my business in India?
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Wazzeer Professional Network
ProfessionalGST Registration allows you to collect GST from your clients/ customers and avail the benefit of input tax credit for the GST you have paid to your vendors. However, based on your business you may have to take different licenses. For Eg., if you are in either food, medicine or chemical business you will have to take Trade License from local municipal Govt, in case you are in the business of manufacturing of Food then you will have to take Food License from FSSAI. Hence, the requirements of Licenses and GST Registration are independent and based on your business you may have to take both GST Registrations and Licenses as well
almost 3 years ago
View answer
I have a GST Registration to my company. Do I still need to take any license to do my business in India?
-
Wazzeer Professional Network
ProfessionalGST Registration allows you to collect GST from your clients/ customers and avail the benefit of input tax credit for the GST you have paid to your vendors. However, based on your business you may have to take different licenses. For Eg., if you are in either food, medicine or chemical business you will have to take Trade License from local municipal Govt, in case you are in the business of manufacturing of Food then you will have to take Food License from FSSAI. Hence, the requirements of Licenses and GST Registration are independent and based on your business you may have to take both GST Registrations and Licenses as well
almost 3 years ago
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