Is it mandatory to mention GSTIN on the name/display board of the registered place of business?
Yes, it is mandatory to mention the Goods and Services Tax Identification Number (GSTIN) on the name/display board of the registered place of business under certain circumstances.
According to the provisions of the Central Goods and Services Tax (CGST) Act in India, businesses registered under GST are required to prominently display their GSTIN at their registered place of business. However, this requirement is applicable only to specified categories of businesses.
As per Rule 18 of the CGST Rules, 2017, the following businesses are required to display their GSTIN on their name/display board:
Every registered person whose aggregate turnover exceeds a specified threshold. The threshold limit for displaying GSTIN is set by the respective state governments.
Input Service Distributors (ISDs), as they are responsible for distributing input tax credit to other units or branches of the same business.
Composition dealers who are registered under the Composition Scheme.
For businesses falling under these categories, it is mandatory to prominently display the GSTIN on the name/display board at the registered place of business. This helps in ensuring transparency and facilitating easy identification of registered businesses for customers and authorities.
It's important to note that the specific requirements regarding the display of GSTIN may vary slightly from state to state, and it is advisable to refer to the relevant notifications and guidelines issued by the respective state tax authorities for accurate and up-to-date information regarding this requirement.