Purpose of Unregistered GST in RetailEasy - RPOS7:
In the absence of GST registration, it is not mandatory to collect or pay GST in connection with the business transaction. When billing, GST tax will not be included in the invoice or bill.
Benefits of Unregistered GST:
Unregistered GST has the following benefits,
Comparatively, with GST, the price of products will be lower.
Small businesses can profit by not making operations for GST law.
There are fewer compliances for a product.
A Guide to Register Your Business As Unregistered Under GST:
Step 1: Navigate to Tools -> Masters -> Registration.
Step 2:
Choose unregistered as the registration type and click register to continue.
Click yes, I agree, and continue after you have read the terms and conditions.
Step 3: To verify, navigate to Sales -> sales bill.
Step 4: If you choose a product, you'll see that the GST amount for this billing transaction is empty in the sales bill screen.
Using this method, you can unregister from GST tax filling, and if you want to change to registered GST, you should follow the same steps, selecting registered under registration type.