5 months ago mycaguruKeymaster
Know your GST Number, Know your GSTIN: Track GST Provisional ID Status, Track GST ARN Status by using below Guide…On bringing GST into practice, there would be merger of Central and State taxes into a single tax payment. Further, it would subsume all indirect taxes at the center and the state level. It is expected to enhance the position of India in both, domestic as well as international market. At the consumer level, GST would reduce the overall tax burden, which is currently estimated at 25-30%. Any major macro-economic reforms in the country are only possible with effective fiscal & monetary policies in place and economic reforms are important for empowerment of poor.
Approximately 70% of the population lives in rural India, GST will become a catalyst for a common rural market in our country with the removal of state level barriers. However, one change which every taxpayer is going to face immediately will be in their tax identification number.
What is GSTIN ?
Before GST was implemented, all dealers registered under the state VAT law were assigned a unique TIN number by the respective state tax authorities. Similarly, service providers were assigned a service tax registration number by the Central Board of Excise and Custom (CBEC).
Going forward, in the new GST regime, all registered taxpayers will get consolidated into one single platform for compliance and administration purposes and will be assigned registration under a single authority. It is expected that 8 million taxpayers will be migrated from various platforms into GST.
All of these businesses will be assigned a unique Goods and Services Tax Identification Number (GSTIN).
Verification of GSTIN can be done on the GST Portal. Check out our article on GST Verification for a step-by-step guide.
How to apply for GSTIN?
It is part of the GST Registration process. Once the application is approved by the GST officer, a unique GSTIN is allocated to the dealer.
There are two ways to register for GST:
- via GST Online Portal or
- via GST Seva Kendra set up by Government of India
The following details are required to apply for GST :
What is the cost of getting GSTIN ?
Getting GSTIN and Registering for GST are free of cost.
How is GSTIN unique in relation to GSTN?
Try not to get confounded amongst GSTIN and GSTN. GSTIN is an expense enrollment number under GST.
Though, the Goods and Service Tax Network (or GSTN) is an association which deals with the whole IT arrangement of the GST entryway. This entryway will be utilized by the Government of India to track each money related exchange, and will furnish citizens with all administrations – from enrollment to recording charges and keeping up all duty points of interest.
When you have a GSTIN , you should :
- Create GST consistent solicitations, which should be possible on ClearTax BillBook programming
- Also, to record GST returns, look at ClearTax GST programming
How to Track GST Status
Name of Service Link Check GST ARN Status Click here Check GST Provisional ID Status Click Here Search Tax Payer by GST Number Click Here Track GST Payment Status Click Here
- Click here to Check GST ARN Status
- Click Here to Check GST Provisional ID Status
- Search Tax Payer by GSTIN Number, UIN Number or Search GST Number
Issue of registration certificate
An application has to be submitted online through the common portal (GSTN) within thirty days from the date when liability to register arise. The Casual and Non-Resident taxable persons need to apply at least five days prior to the commencement of the business. For transferee of a business as going concern, the liability to register arises on the date of transfer.
Subject to the provisions of section 25(12), where the application for grant of registration has been approved under rule 2, a certificate of registration in form GST REG-06 showing the principal place of business and additional place(s) of business shall be made available to the applicant on the Common Portal and a Goods and Services Tax Identification Number (hereinafter in these rules referred to as “GSTIN”) shall be assigned in the following format –
- (a) two characters for the State code
- (b) ten characters for the PAN or the Tax Deduction and Collection Account Number
- (c) two characters for the entity code; and
- (d) one check sum character – Rule 3(1) of Registration Rules.
Display of registration certificate and GSTIN on the name board
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.
Every registered person shall display his GSTIN on the name board exhibited at the entry of his principal place of business and at every additional place or places of business – Rule 10 of GST Registration Rules.