Businesses that register for GST are assigned a unique identification number known as the GSTIN. Find out how to use the unique number in this article.
Obtaining a GSTIN and registering for GST can be achieved completely free of charge. Prior to the implementation of GST, all merchants registered under state VAT laws were assigned a unique TIN number by the respective state’s tax authorities; the same has been replaced by the GST number. Ensure compliance and transparency with ease using GST Number Check. Verify GST credentials effortlessly for a secure business environment.
Importance of GST
GSTIN is public information. It is required in order to check the legitimacy of a vendor and the GSTIN Registration used in the invoice. Technology now allows you to verify GSTIN with a single click from anywhere and at any time. It is critical to look for a GST number before proceeding with a transaction.
Structure of GST
The GSTIN format is divided as follows:
- The first two digits denote the state code. Each state has its own code. For example, Tamil Nadu is assigned the state code 33.
- The following ten numbers are the PAN number of the GST registered taxpayer.
- The number of registrations an entity has in a state determines the thirteenth digit, known as the entity code.
- The letter ‘Z’ will be used as the penultimate digit by default.
- The last digit might be an alphabet or a number. It is sometimes referred to as a check code.
How to Use GST Number – GST Number Check
CGST/SGST Rules, Rule 18(2) mandates all registered taxpayers to showcase their GSTIN on their name board at their major place of business as well as any other locations. Typically, taxpayers have their GSTIN inscribed on a name board at the entry or have an A4 size paper with their GSTIN written on it and pasted at the door.
The key objective of this criterion is to guarantee that every customer/visitor is aware that the concerned organisation is GST registration: https://reg.gst.gov.in/registration/ and can thus request a legitimate tax invoice. Section 122 of the CGST Act makes it an offense to sell goods or services without issuing an invoice. This is a method of keeping tabs on taxpayers, which aids in the prevention of tax evasion.
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CGST (Chapter-III: Registration Rules) Rule 18: Display of registration certificate and Goods and Services Tax Identification Number on the name board 1. Every registered person shall display his certificate of registration in a prominent location at his principal place of business and at every additional place or places of business. 2. Every registered person shall display his Goods and Services Tax Identification Number on the name board exhibited at the entry of his principal place of business and at every additional place or places of business. |
Penalty for Not Displaying GST Number
Under the CGST Act, this is a general punishment. Because there is no particular punishment for this violation, it will be covered by the general penalty. Hence, as a result of Section 125 of the CGST Act, 2017, any person who violates Rule 18 for which no specific punishment is prescribed in this Act shall be subject to a penalty of up to twenty-five thousand rupees.
