Monday, February 22, 2021

Know Your Supplier on GST Portal

The GST System has introduced the “Know Your Supplier” facility by which you can pick suppliers who are mostly tax compliant and will file proper sales invoices in their GST returns timely so that you can obtain the GST input tax credit (ITC) on those purchases.

On logging in to the GST portal, navigate to the search tab and enter the GSTIN of the taxpayers for which you seek details.

The facility shall provide the following particulars about your suppliers.

State Jurisdiction Officer / Central Jurisdiction Officer
Registration Date
Constitution of Business
Status of GSTIN: Active/Suspended/Cancelled
Taxpayer Type: Regular/Composition/Casual
Annual Aggregate Turnover
Percentage of Tax Payment made in Cash
Goods and Services provided with HSN/SAC code
Names of the Proprietor, Partners, Directors
Nature of business activities
E-way Bill history
Legal and Trade Name
Principal and Additional places of business
Contact Details