With GST law implementation, all registered taxpayers got combined into one single platform for compliance and administration purposes and are assigned a unique registration number i.e. unique Goods and Services Tax Identification Number (GSTIN) controlled and managed by the single authority. Every business who crosses the threshold limit prescribed under this act must register themselves with the government.
The GSTIN allotted to each business entity, service provider & taxpayer is a state-wise, PAN-based, 15-digit identification number which is a combination of alphabets & digits. GST number obtained the full information of that particular business entity. You can check the name and address of the GSTIN/UIN holder and you can make sure that your business is prevented by such fraud.
GSTIN basically can be broken into 5 segments for better understanding as verification perspective:
The first two digits refer to the state code. Each state has its own unique code to make identification easier.
The next ten digits represent the PAN number of the taxpayer.
The thirteenth digit is allotted based on the number of registration within a state.
The fourteenth digit is a Z by default.
And the last and the fifteenth digit can either be a number or an alphabet, used as a check code.
GSTIN verification from our service is a conscientious proof of business identity. we can pull out the GST registration details of the particular business and verify information for its authenticity.
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Elimination of forged GST Number verification platform
Most small and medium enterprises do not want to opt for a GSTIN to avoid the compliance cost that comes with it. However, it is very difficult for businesses to operate without a GSTIN as nobody wants to deal with an unregistered dealer. This ultimately leads to fake GSTINs being printed on an invoice by such dealers.
GST verification as a company perspective is very helpful to identify business alliances, joint ventures and mutual partnerships between the vendor’s trust and reliability which can only be ensured by his financial transition and cash flow.
GST verification is also part of the comprehensive background checks to make sure your business entity in the safe hand.
Input: The GST Number is shared by the customer
AadhaarAPI technology pushes the fetched details to GST Central Database for validation
In return, the response is the name of the GST Demographic detail of the company along with director info and active status.
Sign up now to experience the simplest form of plug and play integration of GST verification API.