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CS Executive · Setting Up of Business, Industrial and Labour Laws · Various Initial Registrations and Licenses

Ravi plans to start a small trading business in Pune and wants a unique 15-digit alphanumeric identification, based on his PAN, that is needed to collect GST and file returns. Which registration should he obtain for this purpose?

GST registration is the correct choice, because it results in a 15-character GSTIN built partly from the PAN. This number is required to collect GST and file returns. Udyam, IEC and shops licences serve different purposes such as MSME status, foreign trade and local regulation.

  1. AUdyam Registration
  2. BGST registration (GSTIN)Correct
  3. CImport Export Code
  4. DShops and Establishments licence

Explanation

GSTIN is the 15-character number, derived partly from the PAN, issued on GST registration and used for collecting tax and filing returns. Udyam registration relates to MSME status, IEC to foreign trade, and the shops licence to local labour regulation. None of these gives a GSTIN.

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