GST related frauds are on the rise. To ensure that you and your business are not at risk, it is imperative to verify your GST registered supplier/vendor/customer’s genuineness at the very beginning. The possibilities of mismatch in GSTIN details or irregular GST compliance history needs to be ruled out.
To help you in these challenging times, we at Masters India have developed a handy mobile Application called ‘GST Analyst’. This App can be – downloaded for free and used by anyone, anywhere at any time. All that you need is the GSTIN of the stakeholder you wish to know about.
In this article, we will walk you through the App’s features and explain the procedure to use it.
GSTIN stands for GST Identification Number. It is also called the GST number. This GSTIN is a 15-digit PAN-based unique identification number that is allotted to every person registered under GST.
The structure of the GSTIN is as follows:
- The first 2 characters represent the state code of the GST registered person,
- The next 10 characters are the PAN of the GST registered person,
- The thirteenth character denotes the entity number of the PAN,
- The fourteenth character is alphabet Z by default and
- The last character is a check code which may be an alphabet or numerical.
‘GST Analyst’ is powered by Masters India, a recognised GST Suvidha Provider that simplifies and automates GST compliances for over 400+ businesses since its inception.
GST Analyst is GST on Mobile and helps businesses verify any GSTINs details instantly. It’s compact size and features are for sure one of a kind.
As mentioned above, any person can use this Application to verify any GSTINs health and compliance history. That means all that the user needs is the GSTIN. With the GST Analyst and unique GST registration number (GSTIN), you can:
- Search for a GST registered person’s details.
- View the updated GST profile of the GSTIN (Name, address, jurisdiction, taxpayer type, the constitution of business and date of registration).
- Inspect the GST Return Filing status in detail since the beginning (from FY 2017-18).
Furthermore, this App is unique in its class because:
- It can be downloaded from the Google Play Store for FREE.
- The App does not prompt for a detailed signup process. A valid mobile number will suffice to get started.
- The user experience is flawless and self-explanatory.
- There are no ads!
- Your search history is kept confidential.
Step 1: Visit the ‘Google Play’ Application on your mobile phone.
Step 2: Search for ‘GST Analyst’ and click on download. Alternatively, you can use this link to download the App – https://play.google.com/store/apps/details?id=co.mastersindia.gst_analyst
Step 3: Once the download is complete, open the App and enter your Mobile Number.
Step 4: Validate your Mobile Number with the OTP received.
Step 5: Enter the relevant GSTIN.
Step 6: By clicking on search, you will be able to view the GSTIN’s profile within seconds.
Users can click on “GST Return Status’ to check the return filing history (Yearly/Monthly).
With these details at your fingertips, you can surely do the first level of scrutiny to ensure that you are dealing with genuine GST registered dealers/customers.
If you are dealing with anonymous/unknown/faceless vendors, suppliers, and customers, this App will surely come in handy. It will help you and your team verify these stakeholders’ authenticity while you are on the move or remotely. Furthermore, by confirming a GSTIN’s details, you can avoid:
- GSTIN misuse
- GST frauds
- Fake invoice issues, and much more.
We strongly believe that any change in the structure of the GSTIN would mean that the GSTIN is incorrect, and the invoice can also be a fake one. This App will help you rule out these possibilities.