Know your GST

GST as everyone would know by now is one of the most revolutionary tax reforms introduced by the BJP govt in 2017. As a end customer it is important to understand how GST will impact you

GSTIN format:

11 AAAAA0000A 1 Z 5

• The first 2 digits is the state code
• Next ten digits is the PAN
• The thirteenth digit will be assigned based on the number of registration within a state
• The fourteenth digit will be Z by default
• The last digit will be for check code. It may be an alphabet or a number

Important links:

GST website: https://www.gst.gov.in/

Search taxpayer: https://services.gst.gov.in/services/searchtp

Email: info@gstindia.com

Twitter: @gstindiacom


List of items with GST rate:

http://www.cbec.gov.in/resources//htdocs-cbec/gst/List-Goods-where-changes-been-recommended-GST-Council.pdf;jsessionid=F6DD1C67C209D490B79C53067CE90807

No tax(0%) :
No tax will be imposed on items like Jute, fresh meat, fish chicken, eggs, milk, butter milk, curd, natural honey, fresh fruits and vegetables, flour, besan, bread, prasad, salt, bindi. Sindoor, stamps, judicial papers, printed books, newspapers, bangles, handloom, Bones and horn cores, bone grist, bone meal, etc.; hoof meal, horn meal, Cereal grains hulled, Palmyra jaggery, Salt - all types, Kajal, Children's' picture, drawing or colour ..

https://economictimes.indiatimes.com/news/economy/policy/a-quick-guide-to-india-gst-rates-in-2017/articleshow/58743715.cms