Benefits of the GST Composition Scheme for Small Traders
The Goods and Services Tax (GST) in India revolutionized the country’s indirect taxation system by merging various state and central taxes into one. This unified tax structure simplified the compliance requirements for businesses, but smaller traders often found the procedural and financial burden of full GST compliance overwhelming. To address this issue, the government introduced the GST Composition Scheme, a simplified tax regime aimed at reducing the complexity for small traders and businesses. Read more: https://gamesbad.com/what-are-....the-benefits-of-the-