Economics · Economy
Consider the following statements regarding the Goods and Services Tax Identification Number (GSTIN): Statement 1: Upon successful GST registration, a taxpayer is officially allocated a Goods and Services Tax Identification Number (GSTIN). Statement 2: The allocated Goods and Services Tax Identification Number (GSTIN) is structured as a unique 12-digit numeric code. Which of the following options is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement 1 is false, but Statement 2 is true.
- 2Both statements are false.
- 3Both statements are true.
- 4Statement 1 is true, but Statement 2 is false.✓
Correct answer
Statement 1 is true, but Statement 2 is false.
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