GST Number search by PAN or Name

Goods & Service Tax Identification Number (GSTIN) is a unique identification number allotted to business enterprises and taxpayers when they get themselves registered under the Goods & Services Act. It’s a state-specific number consisting of 15 digits. These 15 digits are comprised of the ten digits PAN no. of the enterprise or individual, two digit state code of the office or business premise of the applicant, and other characters assigned on the basis of the registration process. But the question arises, how you will search GST number. There are several ways through one can search GSTIN but one of the easiest ways introduced is the GST number search by PAN.

The procedure for searching GSTIN by PAN has been described later in this blog. Let us first understand a few things necessary before plunging on to the procedure.

What is the purpose of the Goods & Services Tax (GST) Act and who should obtain GST Registration?

The GST Act came into effect on 1st July 2017.This Act was enacted with a view to abolish multiple tax systems prevailing in the Indian economy and to bring them under one umbrella. This was a step of the government towards facilitating ease of doing business.

Under the Goods & Services Tax regime, obtaining Goods &Services Tax (GST) Registration is mandatory for the following:

• Any business or service provider with a total turnover exceeding 20 lakhs in a financial year and Rs 10 lakhs for North Eastern and hill states. However, if you are engaged in the supply of exempted goods or services, the same shall not be applicable to you.
• Every person/business who has a registration under Excise, VAT or Service Tax needs to register under Goods & Services Tax (GST)through migration.
• If any GST registered business is transferred to someone, the transferee shall assume the registration with effect from the transfer date.
• Any person who is involved in the inter-state supply of goods irrespective of turnover.
• Casual taxable persons (a business provider who does not have a fixed place of business and provides good and services occasionally)
• Non-Resident taxable persons (Persons who indulge in an occasional supply of goods & services with no fixed place of business)
• Agents of a supplier
• Those taxpayers on whom reverse charge mechanism is applicable
• Input service distributor
• Any E-commerce operator aggregator* or Person(s) who supplies goods via e-commerce aggregator
• Any person supplying online information and database access or retrieval services from a foreign country to a person in India

Is there any option for searching the Goods &Services Tax (GST) Identification Number of any business enterprise through its portal?

Earlier there were no options of finding GST no. of any business organization or taxpayer with the help of PAN or any other mode. Recently, the GSTIN portal of the government has recently allowed the option of GST number search by PAN. This can be done by visiting the official website of the Goods & Services Act

What is a PAN no. and what is its importance?

PAN stands for Permanent Account Number. It is a unique 10-digit identity number allotted by the Income Tax Department. This number contains alphanumeric characters and serves as an identity proof. PAN is mandatory for financial transactions such as receiving taxable salary or professional fees, sale or purchase of assets above specified limits, buy mutual funds and more.

The primary objective of issuing PAN by the Income Tax Department is to track financial transactions of taxpayers to prevent evasion of taxes.

Source: https://swaritadvisors.com/learning/official-gst-number-search-by-pan-or-name-know-your-gst/

Also read:-

• Valuation of GST on MRP products
• CGST, SGST, and IGST: Understanding the difference
• GST On Travel Agents and Tour Operators
• What is the Main Process of GST Migration Involved 2019