Trade License Necessary Even After GST Registration
A trade license ensures that your business operates safely and does not pose a risk to the local community. It is particularly important for businesses with a physical presence in a specific area.
In conclusion, both GST registration and a trade license are necessary for your business. While GST registration deals with taxation, a trade license is essential to ensure that your business complies with local laws and safety standards. Therefore, it’s important to obtain and maintain both registrations to operate your business legally and successfully.