GST state codes are unique two-digit numbers assigned to every state and Union Territory in India, forming the foundation of the GST Identification Number (GSTIN). These codes are essential for businesses to ensure compliance with GST regulations. For instance, Delhi is represented by "07," while Maharashtra is "27." The first two digits of a GSTIN signify the taxpayer's location, aiding in jurisdiction identification and tax filing.
Businesses must accurately use these codes during GST registration, invoicing, and filing returns. Misuse or errors can lead to compliance issues and penalties. Additionally, GST state codes streamline the classification of transactions as intra-state or inter-state, determining whether SGST, CGST, or IGST applies. At BlackSuit, we emphasize simplifying your GST processes by providing accurate tools and resources. Mastering GST state codes ensures seamless operations and compliance, helping your business thrive in India's tax ecosystem.
https://www.blacksuit.io/gst-state-codes-list/