JAIN VINIT & CO.

18/09/2021

Update:

GST rate changes will be done to correct Inverted duty structure anomalies in Footwear & Textile sectors to be implemented from Jan 1, 2022

14/04/2018

07/02/2018

e-way bill generation http://bit.ly/2nIasPn

22/12/2017

Abbreviations in GST

CPIN - Common Portal Indentification Number. (14 Digit, Valid for 15 days.)
CIN - Challan Indentification Number. (17 Digit where 14 Digit CPIN + 3 Digit Bank Code.)
BRN - Bank Reference Number ( Transaction Number)
E-FPB - Electronic Focal Point Branch.
Major Heads - IGST, CGST, SGST/UTGST, CESS
Minor Heads - Tax, Interest, Penalty, Fee, Others
E-Ledgers - E-Cash, E-Credit, E-Liability.
GSPs - GST Suvidha Providers
ASPs - Application Service Providers
ITC - Input Tax Credit
ISD - Input Service Distributor
LUT - Letter of Undertaking
SEZ - Special Economic Zone
EOUs - Export Oriented Units
BoS - Bill of Supply
JsON - JavaScript Object Notation
P2P - Principal to Principal
P2A - Principal to Agent
B2B - Busines to Business
B2C - Business to Customer
B2BUR - Business to Unregistered Business
HSN - Harmonized System of Nomenclature Code
SAC - Service Acconting Code
EBN - E-Way Bill Number
EVC - Electronic Verification Code
ARA - Application for Advance Ruling
FC - Facility Center
UIN - Unique Identification Number
GSTIN - Goods & Service Tax Identification Number
UTGST - Union Territory Goods & Service Tax
CGST - Central Goods & Service Tax
SGST - State Goods & Service Tax
IGST - Integrated Goods & Service Tax
NEFT - National Electronic Fund Transfer
RTGS - Real Time Gross Settlement
SCN - Show Casue Notice
RCM - Reverse Charge Mechanism
OCPB - Over the Counter Payment in Branches
ARN - Application Reference Number
DSC - Digital Signature Certificate

16/02/2016