What is GSTIN Number?
GSTIN, or the Goods and Services Tax Identification Number, is a unique identifier assigned to individuals and businesses registered under India’s Goods and Services Tax (GST) system.
GSTIN number helps the government track and monitor the movement of goods and services, ensuring that the correct amount of tax is being paid. Having a GSTIN number is mandatory for all entities registered under GST and engaged in the supply of goods or services. Whether you’re a small business owner, freelancer, or an individual taxpayer, understanding and knowing your GSTIN number is vital for smooth compliance with the GST regulations.
GSTIN full Form?
The full Form of GSTIN is Goods and Services Tax Identification Number, commonly known simply as GSTIN.
Understand the GSTIN number format
Your Goods and Services Taxpayer Identification Number (GSTIN) is a 15-digit, PAN-based number assigned to each taxpayer, unique to the state they operate in. Let’s break down its structure for you:
- The first two digits represent the state code as per Indian Census 2011, with each state having its unique code. For example, Maharashtra has a state code of 11, and Uttar Pradesh has a state code of 23.
- The next ten digits are your PAN number.
- The thirteenth digit is assigned based on the number of registrations within a state.
- The fourteenth digit is always “Z” by default.
- The last digit is the check code and can be either an alphabet or a number.
How to apply online and get the GSTIN number
To apply for the Goods and Services Tax Identification Number (GSTIN), you must go through the GST Registration process. After the GST officer approves your application, you’ll be assigned a unique GSTIN.
You have two options for registering for GST:
- Online, through the GST Online Portal
- In-person, at a GST Seva Kendra set up by the Government of India.
Documents Needed to Apply for GST in India |
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1 |
A valid Permanent Account Number (PAN) |
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2 |
A valid Indian mobile phone number |
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A valid email address |
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All the necessary documents and information to fill out all the required fields in the registration application |
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The physical address of your place of business |
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An authorized signatory who lives in India with a valid PAN |
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At least one Proprietor, Partner, Director, Trustee, Karta, or Member with a matching PAN |
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The Indian Financial System Code (IFSC) number for your bank and branch |
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A valid bank account located in India |
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10 |
Information on the jurisdiction you fall under |
How Much Does It Cost to Get a GSTIN?
Getting your GSTIN and Registering for GST is free!
Understand the Difference Between GSTIN and GSTN: A Guide for Taxpayers
GSTIN (Goods and Services Tax Identification Number) and GSTN (Goods and Service Tax Network) are two essential entities in the GST system in India. GSTIN is a unique number assigned to taxpayers for tax registration under the GST regime, while GSTN is the organization responsible for managing the IT infrastructure of the GST portal. The portal provides various services to taxpayers, including registration, tax filing, and maintenance of tax records.
To ensure your GST compliance is hassle-free, you can use the Easebuzz Neo platform to generate GST-compliant invoices and the Neo platform to file GST returns. Stay informed and simplify your GST compliance today!
- Easebuzz Neo simplifies tax payments by automating the process for GST and Direct Taxes. You can set up your account and make payments easily with just one click.
- You can also track and download your payment reports without any hassle.
- To ensure accuracy, there is a maker-checker approval flow for every payment request before funds are deducted.
- TDS deduction and payments can also be automated with Easebuzz Neo. Plus, you can generate tax challans with one click and schedule payments to complete all deadlines. Make tax payments effortless with Easebuzz Neo.
