Hack of the day: Verify if a GST number is valid before making payment
Businesses in India must verify GSTINs to prevent fraudulent payments and avoid losing input tax credit. A 15-digit GSTIN, embedded with the PAN, must be confirmed on official portals. Checking the legal name, address, and registration status against the invoice is crucial before making any payment.
Businesses in India must verify GSTINs to prevent fraudulent payments and avoid losing input tax credit. A 15-digit GSTIN, embedded with the PAN, must be confirmed on official portals. Checking the legal name, address, and registration status against the invoice is crucial before making any payment.
