How to differentiate Registered Person with Supplier under GST?
What is Registered Person? How does Supplier under GST work under GST regime? What are the difference between Registered Person and Supplier under GST?
Every supplier shall be liable to be registered under this Act in the State or Union territory, other than special category States, from where he makes a taxable supply of goods or services or both, if his aggregate turnover in a financial year exceeds twenty lakh rupees. A supplier is an entity that supplies goods and services to another organization. This entity is part of the supply chain of a business, which may provide the bulk of the value contained within its products.
The details about Registered Person and Supplier under GST with simple language from GST terms have been mentioned in this web blog separately. We suggest you to read these articles on Registered Person and Supplier under GST, so as to enable you to have a clear idea on these GST terms.
For your immediate reference, we give below web links on Registered Person and Supplier under GST separately below. You may kindly read the below links to know more about Supplier under GST and Registered Person.
Who is Registered Person under GST
Supplier under GST
The above information easily explains about Supplier under GST and Registered Person.
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