ISO Certification
ISO stands for International Organization for Standardization which is an international and independent organization not working under the government. ISO certification states that standardization and quality insurance has all the qualities that are required for the working of any business such as manufacturing process, management, services provided, documentation process,etc.
ISO Certification?
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Why you should apply for GST?
If you have just started your business, and your annual turn over is more than 20 lakhs then you should apply for GST get extra benefits of GST registration.
- GST will save that you may be paying several times in the supply chain.
- Suitable for small scale business, GST is designed to protect small business from getting non-liable means of bills.
- Put a less effort in filing your compliance, you need to file for compliance less in GST.
- Get a certification, you will a GST Certificate after getting registered.
Components of GST
There are three components of GST, SGST, CGST, and IGST.
Central GST
State GST
Interstate GST
- When the selling of good and services happens within the state, the tax is collected by both Central Govt. and State Govt. and collectively it is: CGST and SGST.
- When the selling of goods and services happens out side the state, interstate, the tax is collected by Central Govt., and collectively it is: IGST
Terminology of GSTIN
Central/State/Interstate GST respectively.
GST Identification Number
represents the STATE CODE.
Next 10 Digits:are the PAN Card Number of the Business Identity.
13th Digit:the number of registration within a State.
14th Digit:Z alphabet.
15th Digit:Random Security Digit Automatically Generated.
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