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What is the VAT for unregistered business in India?
Do you know why an unregistered business in India might choose not to register for VAT?
There are several reasons why an unregistered business in India might choose not to register for VAT. Some may want to avoid the administrative burden and costs associated with registration, while others may not meet the turnover threshold for registration. However, it is important to note that unregistered businesses cannot claim input tax credit for VAT paid on inputs or raw materials.