CorpZo Ventures Pvt Ltd
Gautam Buddha Nagar, Uttar Pradesh
- G 10, Sector 63, Noida, India, 201301,
- pradumcorpzo45@gmail.com
- 9717756445
- https://www.corpzo.com/
About the Business
What's New on the GST Portal?
GSTN has introduced a multi-state registration facility, which allows a taxpayer to apply for registration in multiple states or union territories via a single application, using what is referred to as a master Temporary Reference Number. Rather than having to log in to each state separately and re-enter the same business details every time, applicants now have to complete a common profile once, after which that information is automatically transferred into the state-specific TRNs created for each of the locations chosen.
This new facility is accompanied by another recent improvement to the portal, namely the geo-coordinate-based auto-population of the state and central jurisdiction in Form GST REG-01, which determines the correct jurisdiction by referencing the applicant's location coordinates rather than relying on guesswork.
Why Multiple GSTINs Are Still Required?
It should be made clear that this update has simplified the application process, not the basic legal structure. Since Section 25 of the CGST Act provides that GST is administered state by state, a business that operates in more than one state still ends up with a separate GSTIN for each state, each one being identified by its individual two-digit state code. Each of these registrations is considered a separate entity when it comes to invoicing, claiming input tax credits, and filing returns, and that aspect of the law has not been altered by this update.