Is Digital Dealer A Registed Trade Name

Display GSTIN On Name Board Mandatory for Taxpayers

Information technology is mandatory to brandish GSTIN on name lath for all registered taxpayers co-ordinate to Point No.xviii of Notification No. 3 /2017 – Cardinal Tax dated 19th June 2017.

Ruling to Brandish GSTIN On Proper noun Board For Dealers Registered Nether Regular Scheme

Indicate No.xviii clearly states that:

Every registered person shall display his certificate of registration in a prominent location at his chief place of business and at every additional place or places of business.
Every registered person shall display his Goods and Services Tax Identification Number on the proper name board exhibited at the entry of his principal identify of business and at every additional place or places of business.

You can download the copy of abovementioned notification from the link below:

Notification No. iii /2017 – Central Revenue enhancement

Ruling to Display GSTIN On Name Board For Dealers registered nether Composition Scheme

In addition to the higher up, it is as well mandatory for Composition dealers to display " Composition taxable person" along with the GSTIN Number.

As per the GST Law, composition dealer is not eligible to collect revenue enhancement from their customers.

They are entitled to pay a nominal corporeality of revenue enhancement on his aggregate turnover. This taxation depends on nature of his/her business. The tax percentage ranges from 1% to 5%.

Subpoint (g), Point No.5 of Notification No.3/2017 – Fundamental Tax has clearly mentioned under Conditions and restrictions for Limerick levy:

" He shall mention the words "limerick taxable person" on every notice or signboard displayed at a prominent place at his master place of concern and at every boosted place or places of business."

Thus, it is now mandatory for both regular taxable person as well as limerick dealer to Brandish GSTIN on Proper noun Board.

To safeguard the interest of customers this provision has been given. We as customers will exist able to know whether the person from whom we are buying is entitled to collect tax from us or not.

You can download GST templates similar GST TRAN-one, GST Input Output Tax Report, and GST Export Invoice from here.

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