Glossary/abbreviation in GST

1 API =Application Program Interface
2 ARN =Application Reference Number
3 B2B =Business to Business
4 B2C =Business to Consumer
5 BO =Back Office
6 BRN =Branch Receipt Number
7 CBDT= Central Board of Direct Taxes
8 CBEC =Central Board of Excise & Customs
9 CC= Credit Card
10 CIN =Challan Identification Number
11 CPIN =Common Portal Identification Number
12 UIN= Unique Identity Number for UN Bodies / Embassies / Other Notified Persons
13 DC =Debit Card
14 DSC =Digital Signature Certificate
15 e-FPB =Electronic Focal Point Branch
16 EOD =End of the Day
17 FC= Facilitation Centre
18 FO =Front Office
19 UIDAI =Unique Identification Authority of India
20 GSP =GST Suvidha Providers
21 GSTIN =Goods and Services Taxpayer Identification Number
22 GSTN =GST Network
23 HSN=Harmonized System of Nomenclature for goods
24 M =Tax Period
25 M+1 =Month succeeding the tax period
26 MCA= Ministry of Corporate Affairs
27 OTP =One Time Password
28 PAN =Permanent Account Number
29 POS =Place of Supply of Goods or Services – State code to be mentioned
30 SAC =Service Accounting Code

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Who is a GST Practitioner?

GST Practitioner is a tax professional who can prepare returns and perform other activities on the
basis of the information furnished to him by a taxable person.

However, the legal responsibility ofsuch filings remains with the Taxpayer. For this purpose, GST Practitioners (GSTP) are required to be enrolled with Centre or State Authority. CA, CS, CMA, Advocates, Retired Government Officials, and Graduates are eligible to apply for registration. In addition, GSTPs can be appointed Authorized Representatives who can act on the behalf of the taxpayers and represent them before tax authorities.


Eligibility criteria for becoming a GST Practitioner

 Chartered Accountant holding COP
 Chartered Accountant without COP
 Company Secretary holding COP
 Company Secretary without COP
 Cost and Management Accountant holding COP
 Cost and Management Accountant without COP
 Advocate
 Graduate or Postgraduate degree in Commerce
 Graduate or Postgraduate degree in Banking
 Graduate or Postgraduate degree in Business
Administration

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