GST Verification (1) PowerPoint PPT Presentation

presentation player overlay
About This Presentation
Transcript and Presenter's Notes

Title: GST Verification (1)


1
GST Verification
  • Best GST Number Search.

2
What is GSTIN?
  • GSTIN, short form for Goods and Services Tax
    Identification number, is a unique 15-digit
    number provided by the government to any
    registered person or business entities under the
    Goods and Services Tax (GST) regime.
  • The GST number is alloted to any GST taxpayer
    along with a GST registration certificate, which
    allows tracking of a particular taxpayer.

3
Why is it necessary to verify the GST number?
  • Benefits of GST verification using the Razorpay
    online GST Search tool are
  • Authenticity Verify the authenticity of the
    business or taxpayer under GST
  • Validity Check GSTIN number validity in real
    time, along with up-to-date details of the
    business
  • Invoice Verification Avoid generating incorrect
    invoices or e-invoices or verify GSTIN on a
    hand-written invoice
  • Tax Credit Claim input tax credit and pass tax
    credits to the right buyers
  • Transparency Business information transparency
    which eases filing of correct GST returns
  • Fraud Detection Avoid a GST number fraud at the
    origin of the transaction
  • Errors Check for errors in the GSTIN, if any

4
GST Identification Number Format
  • Before you do a GST number check, check out if
    the 15-digit GSTIN alphanumerical code is in the
    format below. If a GSTIN is not in this format,
    then it is not a valid GST number
  • First 2 number The state code of the registered
    person or business entity
  • Next 10 characters PAN of the registered
    proprietor
  • Next number Number of registrations in a state
    for the same PAN
  • Next character Alphabet Z by default
  • Last number Check code which may be alpha or
    digit, used for detection of errors

5
Thank you!
Write a Comment
User Comments (0)
About PowerShow.com