What is GSTIN?
GSTIN is a unique 15 digit identification number assigned to every individual or business who is registered under GST. GST registration is necessary for businesses and individuals in India. It is essential for a GST registered dealer to go for GST Number verification before filing GST Returns.
GSTIN Number Format
GST number of a business or an entity is a unique 15 digit alphanumeric number. The first 2 digits of GSTIN number represents state code followed by next 10 digits which represents applicant’s PAN card (might be a person’s PAN card in case of sole proprietorship firm or company’s PAN card in case of a Limited company or a Partnership firm). If you talk about the last 3 digits of GST number, first digit represents entity code, second digit represents “Z” by default and last digit represents check code.
Example of GST Number
Here is an example to help you understand the format break-down of the GSTIN:
GST State Code List
Here is a list of all the GST State Codes:-
|S.No.||State Name||GST State Code|
|1||JAMMU AND KASHMIR||1|
|25||DAMAN AND DIU||25|
|26||DADRA AND NAGAR HAVELI||26|
|28||ANDHRA PRADESH (BEFORE DIVISION)||28|
|35||ANDAMAN AND NICOBAR ISLANDS||35|
|37||ANDHRA PRADESH (NEW)||37|
GSTIN/GST Number Misuse
There are many instances in which customers get manipulated by the suppliers. The basic misuses of GSTIN are as follows –
- Fake GSTIN – There may be situations where supplier’s use fake GST number in invoices, collect tax from the customers but does not pass the same to the government.
- Bogus inward invoices – There can be scenarios where a person can claim input tax credit by making bogus inward invoices. This is being done to reduce the amount of tax liability against supply of goods which never takes place.
Due to this, interest of the customer or receiver as well as the revenue of the government will get affected.
In order to ensure proper GST compliance, you can easily tackle these issues by validating the GST number of a new supplier.
How to verify GSTIN Number?
Verification of GSTIN is very important in order to ensure that the GST taxes you are paying are going into right pockets or not. Some businesses are issuing the GST invoices, collecting the tax from the customers but not filing these taxes to the government as the invoices they are issuing are fake which results into tax evasion.
You can easily verify a GSTIN through GST portal. You just need to input the GST number in order to check the name & address of the GSTIN holder. You can also identify the fake GST number if the same is not mentioned on invoice as per the prescribed format.
GSTIN verification ensures that you are paying taxes to authenticated businesses or entities and your paid taxes are going into the right pocket.
Where & How to complain about Fake GSTIN/GST Number?
If you came across any situation where you have a doubt regarding GSTIN or on supplier’s intention of raising a valid GSTIN, you can search that GST number on our website. If same is not found, kindly call GST department on +91-124-4688999/ +91-120-4888999. You can also e-mail them at firstname.lastname@example.org
How Finacbooks help in getting GSTIN Number in India?
Finacbooks is a leading Indian portal providing accounting, finance & taxation services to small businesses. We are having more than 10 years of experience in helping individuals & firms providing GSTIN at a least possible price. We will guide you through the entire process of GSTIN registration. To avail the best deals on GSTIN registration, kindly call us at 8800221252 or you can also e-mail us at email@example.com
Latest News & Updates
- Oct 27,2021
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Due date for deposit of tax deducted/collected for the month of September, 2021. However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax ChallanOct 07th ,2021
Due date for deposit of TDS for the period July 2021 to September 2021 when Assessing Officer has permitted quarterly deposit of TDS under section 192, 194A, 194D or 194HOct 07th ,2021
GSTR-7 Summary of Tax Deducted at Source (TDS) and deposited under GST lawsOct 10th ,2021
GSTR-8 Summary of Tax Collected at Source (TCS) by e-commerce operators under GST lawsOct 10th ,2021
GSTR 1 for Sep 2021 (turnover more than INR. 1.50 Crore)Oct 11th ,2021
GSTR-6 Details of Input Tax Credit (ITC) received and distributed by an Input Service Distributor (ISD)Oct 13th ,2021