TIN/CST/LST Numbers

[Former Member]

Dear Gurus,

Please give an explanation of what the following numbers mean on a Sales Invoice

[1] TIN [2] CST [3] LST

What role they place on a Tax Invoice ? & What are the legal and business implications without these numbers for a business ?

I require this information urgently.

Thank you

With Regards

Siddharth Sridhar

[Former Member · Accepted solution]

hi,

all these are the registration numbers which a business gets from the govt and against which the tases are paid.

TIN- in india its used in states which have VAT regime. used only for intrastate transactions

CST- used when the transactions are across states

LST- they where used earlier when the VAT regime was not in place and states had local taxation system. still used in UP which is non- VAT

saurabh

[Former Member · Accepted solution]

Saurabh

Thank you.

What are the legal/business implications of not printing these numbers on a TAX invoice?

regards

Siddharth

[Former Member · Accepted solution]

Hi,]

CST means entral Sales Tax Number

A tax number assigned by the authorities to a business for transactions

involving central sales tax.

LST Local Sales Tax Number

A tax number assigned by the authorities to a business for transactions

involving local sales tax. It's specific to each states and it had been replaced with VAT in many states.

we maintain this details of customers especially in case of domestic customers in J1ID transactions.

all these are statutory requirements .