Every business entity who registered in GST Act, will be provided a unique identification number. Under GST Scheme all business entities will come under one single taxation authority. All registration number will be replaced with a single registration number known as Goods And Service Tax Identification Number also known as GSTIN.
Important / Codification of GSTIN:
GSTIN consist of total 15 digits. It will be state-wise and PAN wise.
For e.g. 09AAJFG7845D1Z7
• First 2 digit of GSTIN will representing the State Code of India according to the Indian Census, 2011
• Next 10 digit will be PAN number of Taxable Assessee or Person under Section 2(31) of Income Tax Act,1961.
• 13th digit of GSTIN indicates number of registration of an entity within the State. A taxable person can have more than 1 registration with in the State and/ or more than one registration numbers with in different states or union territory of the Country.
• 14th digit at present has no use therefore will be ‘Z’ by default
• 15th digit character is a numeric check digit.
Also need to Know:
Holding of more than one GSTIN is allowed. A taxable person can have more than one GSTIN within a State or Country.
Who can apply for GSTIN:
A supplier can apply for GSTIN under the state from which he carry on supply of taxable Goods and Services or both, as the case may be.