Jharkhand GST Code and Compliance Guide

Introduction

The Jharkhand GST code is crucial for businesses in the state to comply with India’s GST regulations. Jharkhand’s state code is “20” and is used for GST registration and filings. To ensure proper Jharkhand GST compliance, businesses must register on the GST registration India portal, file returns on the GST filing portal, and follow the GST rules India. 

Timely and accurate filing of returns helps businesses avoid penalties and maintain a good compliance record. By understanding these key processes, businesses in Jharkhand can operate smoothly while adhering to national tax laws.

What Is the Jharkhand GST Code?

The Jharkhand GST code is a unique identifier used for businesses in Jharkhand, forming part of the GST state codes system. Jharkhand’s state code is 20, which is used in GST registration India, filing returns, and processing transactions. This code helps ensure Jharkhand GST compliance by accurately identifying businesses within the state for tax purposes, in line with the GST rules India. By registering on the GST filing portal, businesses can easily manage their tax returns and payments, ensuring full compliance with the law.

• Jharkhand GST code is “20” for state-specific identification.
• Part of the larger GST state codes system for nationwide tax processing.
• Essential for GST registration India and GST compliance in Jharkhand.
• Businesses must use the GST filing portal for submitting returns.
• Ensures adherence to GST rules India for accurate tax reporting and payments.

GST Registration Process in Jharkhand

The GST registration process in Jharkhand involves several important steps to ensure compliance with the Goods and Services Tax (GST) system. Here’s a step-by-step guide to registering under the Jharkhand GST code while adhering to Jharkhand GST compliance and GST rules India:

• Access the GST Portal: Go to the GST filing portal to start the registration process.
• Create an Account: Register for a new user account by providing your email ID and mobile number, and complete the verification process.
• Fill out the GST Registration Form: Once logged in, fill out the GST registration India form (Form GST REG-01) with details about your business, including name, PAN, business type, and address in Jharkhand.
• Provide Business Details: Enter business details, including the GST state code for Jharkhand (state code “20”), and specify the type of business (e.g., sole proprietorship, partnership).
• Upload Documents: Upload necessary documents like a PAN card, proof of business address, and identity proof, as required by the GST registration guidelines.
• Verification and Application Submission: After submitting the form, the GST system will verify the details. Once verified, you will receive an ARN (Application Reference Number).
• GSTIN Generation: After successful verification, the GSTIN (Goods and Services Tax Identification Number) will be issued. This is your unique business identification number under the Jharkhand GST code.
• Compliance with GST Rules India: After registration, ensure continuous Jharkhand GST compliance by filing returns and paying taxes as per the GST rules India.

GST Compliance and Filing Requirements in Jharkhand

There are various GST compliance as well as filing requirements in Jharkhand, out of which some are given below: 

GST Compliance in Jharkhand

Jharkhand GST compliance involves following the state-specific and national GST regulations to avoid penalties. Businesses in Jharkhand must:

• Register under Jharkhand GST Code: Ensure registration using Jharkhand GST code (20) for obtaining a GSTIN through the GST registration India process.
• Maintain Proper Records: Businesses should keep records of transactions, including sales, purchases, and input tax credits as required by GST rules in India.
• Issue Valid Tax Invoices: Ensure all invoices comply with GST rules in India, including using the correct GST state code for Jharkhand.
• Timely Tax Payment: Ensure taxes are paid according to the GST guidelines, including both CGST and SGST.
• Adhere to Deadlines: File GST returns within the prescribed timelines to stay compliant with Jharkhand GST compliance.

GST Filing Requirements in Jharkhand

Filing GST returns is an essential part of Jharkhand GST compliance. Here’s what businesses need to do:

• Access the GST Filing Portal: Use the GST filing portal to submit tax returns and make payments.
• File Monthly and Annual Returns: Submit monthly returns (GSTR-1, GSTR-3B) and annual returns (GSTR-9) as required under GST rules India.
• Enter Detailed Transaction Information: Provide accurate information regarding sales, purchases, and taxes paid, using the Jharkhand GST code and GST state codes.
• Meet Deadlines: File returns on time to avoid penalties and interest, ensuring smooth Jharkhand GST compliance.
• Regular Reconciliation: Reconcile returns with business records regularly to ensure accurate reporting and filing.

Penalties for Non-Compliance with GST in Jharkhand

Failure to comply with Jharkhand GST compliance can result in severe penalties as per the GST laws of Jharkhand and GST rules in India. Non-compliance can occur due to delays or errors in registration, return filings, or tax payments. Businesses in Jharkhand must follow the prescribed guidelines to avoid costly consequences under the GST framework.

1. Registration Penalties

If a business fails to register under the Jharkhand GST code and meets the GST registration India requirements within the specified timeframe, a penalty of 10% of the tax due (with a minimum penalty of ₹10,000) may apply.

2. Late Filing Penalties

Delayed submission of returns through the GST filing portal can lead to penalties. A penalty of ₹50 per day (₹25 for CGST and ₹25 for SGST) is charged for late filing of GST returns, which increases with time.

3. Non-Filing or Incorrect Filing 

Non-filing or incorrect filing of returns (like GSTR-1, GSTR-3B) can attract a penalty of ₹100 per day (₹50 for CGST and ₹50 for SGST) until the returns are filed correctly, with a maximum penalty of ₹5,000.

4. Tax Evasion Penalties

If GST is not paid or is underpaid intentionally, the penalty can range from 10% to 100% of the tax due, depending on the nature of the violation. In cases of fraud, the penalty may be more severe.

5. Failure to Issue Proper Tax Invoices

If a business fails to issue valid tax invoices with the correct GST state codes (such as the Jharkhand GST code), they may face a penalty of ₹25,000 for the first offense, and additional penalties for repeated violations.

6. Interest on Outstanding Tax

Businesses that do not pay their taxes on time will also be liable for interest on the outstanding amount. The interest rate is 18% per annum.

How to Verify GST Numbers in Jharkhand

Verifying a GST number is an important step in ensuring that a business is properly registered under the Jharkhand GST code and is compliant with GST rules India. Here’s a step-by-step process to verify GST numbers for businesses in Jharkhand:

• Visit the GST Portal: Go to the official GST filing portal
• Access GST Number Verification Tool: On the GST portal, navigate to the “Search Taxpayer” section. Under this, you will find the option to “Search by GSTIN/UIN.” This tool allows you to verify any GSTIN, including the Jharkhand GST code.
• Enter the GST Number: In the GSTIN field, enter the GST number you want to verify. Ensure the number includes the Jharkhand GST code (20), which is specific to businesses in Jharkhand.
• Click on ‘Search’: After entering the GST number, click the “Search” button to initiate the verification process.
• Check GSTIN Details: The system will display the details associated with the GST number, such as the business name, status (active or inactive), GSTIN validity, business type, and registered address. Make sure the details match the business you are verifying.
• Verify GST Registration Status: The verification results will show if the GST registration India is active or suspended. This helps confirm whether the business is compliant with Jharkhand GST compliance requirements.
• Cross-check the GST State Code: Ensure that the GSTIN has the correct GST state code (20 for Jharkhand), confirming the registration is specific to Jharkhand.
• Verify Additional Information (Optional): The verification tool also shows if the taxpayer is liable for any further filings or if there are any inconsistencies with their GST filing portal records.

Conclusion

Jharkhand GST code (20) plays a key role in ensuring businesses in the state comply with GST rules in India. By registering through the GST registration India portal and filing returns via the GST filing portal, businesses can avoid penalties and maintain proper Jharkhand GST compliance. 

Verifying GST numbers helps confirm registration and ensure businesses are following the required tax processes. RegisterKaro simplifies GST registration India, ensuring easy Jharkhand GST compliance and access to the GST filing portal for seamless business operations. Let us assist you in staying compliant with GST regulations!

Frequently Asked Questions (FAQs)

1. What is the Jharkhand GST code?

The Jharkhand GST code is “20,” used for business registration and filings in Jharkhand under the GST state codes system.

2. How can I register for GST in Jharkhand?

Visit the GST registration India portal, complete the registration form, and use the Jharkhand GST code (20).

3. What is required for Jharkhand GST compliance?

Businesses must register using the Jharkhand GST code, maintain records, issue valid invoices, and file returns via the GST filing portal.

4. How do I file GST returns in Jharkhand?

Use the GST filing portal, log in, and submit monthly and annual returns, ensuring the correct GST state codes and Jharkhand GST code.

5. What are the penalties for non-compliance in Jharkhand?

Penalties can include late fees, incorrect filing fines, and interest on unpaid taxes as per GST rules India.

6. Can I update my GST registration details in Jharkhand?

Yes, log into the GST filing portal and update your business information, including the Jharkhand GST code.