A couple is planning to launch a restaurant in their city. The restaurant will serve delicious South Indian cuisine to its customers. The couple are hopeful they will be able to clock a revenue of ₹6 lakhs monthly. The couple is new to business and is confused about what kind of business constitution and GST registration they should opt for. If you are their consultant, what will be your advice to them on a) the constitution of business they should opt for (Proprietorship / Partnership, etc..) and b) what kind of GST registration they should opt for - Regular / Composition / no GST registration, etc.. *
Explain your choice briefly with explanation of why do you suggest that.
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Answer:
GST full form is- goods and services tax.
Explanation:
step by step explanation
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