Somil Jain

Somil Jain

@somiljain

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Somil Jain @somiljain добавлена новая статья in Business & Finance
2025-08-05 17:47:03 ·

What is the Checksum Digit Decoding Algorithm in GSTIN?

oods and Services Tax Identification Number (GSTIN) is a 15-digit alphanumeric code assigned to every taxpayer registered under the GST regime in India. While most people understand the GSTIN as a tax registration number, what many don’t know is the presence of a checksum digit the 15th character of the GSTIN. This digit plays a vital role in validating the authenticity and...

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Somil Jain @somiljain добавлена новая статья in Business & Finance
2025-07-03 17:36:47 ·

In Which Cases Can a GST Refund Be Claimed?

The Goods and Services Tax (GST) has streamlined India's indirect tax structure by consolidating multiple taxes under one umbrella. Despite its advantages, businesses often encounter scenarios where they pay excess tax or face input-output mismatches. In such cases, a GST Refund Claim becomes essential. The GST refund mechanism ensures that taxpayers do not suffer unjust tax burdens and that...

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Somil Jain @somiljain добавлена новая статья in Business & Finance
2025-06-02 13:09:25 ·

Online GST Registration Process with Quick Approval

The Goods and Services Tax (GST) is one of the most significant tax reforms in India, aiming to unify the indirect tax structure. Since its implementation in 2017, GST has simplified taxation for businesses and brought transparency to the system. If you run a business in India, getting GST registration is not only mandatory under certain conditions but also beneficial in many ways. Thankfully,...

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