>>Hello,
1) Is GST is compulsory for proprietorship?
>>Yes, GST is compulsory under proprietorship.
2) Is IEC is compulsory?
>>As per govt notification, IEC is not mandatory under GST. It was mandatory during VAT regime. You can go without IEC but some people in custom still asks for it.
>>We suggest that if you have IEC. then you won\’t face any custom related problems. You better go with IEC. For IEC you need a current bank account also.
>>GST is compulsory but better you also go for IEC.
>>Regards.
