Create & Manage Supplier Master

Type of Category: You may buy your goods/services from a registered /unregistered supplier, person located in SEZ or outside India. The type of the supplier should be given as

1. Registered:
The taxpayer can register under GST Regular scheme if his turnover exceeds Rs 20 lakhs in Services and 40L in Products in a financial year. The taxpayer who wants to take input tax credit can register under regular GST. If your supplier is a registered person, you can take the input tax credit of the taxes paid by you. If you buy the goods or services from registered person, you need to select the supplier type as registered person.
2. Unregistered:
If your Supplier is not registered under GST, then the supplier type is unregistered. You cannot claim input tax credit when you purchase from the unregistered supplier. If you purchase from unregistered suppliers, reverse charge will be applicable. But RCM has deferred till 30 Sep 2019
3. Input Service Distributor:
Input Service Distributor means an office of supplier of goods or services or both which receives tax invoices towards the receipt of input services and distributes the credit of taxes paid to its branches. An ISD is compulsorily required to obtain a separate registration. If you get the input tax credit from ISD, may be head office, you need to select the supplier type as ISD.
4. SEZ:
SEZ means Special Economic Zone. It is an area in which business and trade laws are different from the rest of the country. When you buy the goods or services from a supplier located in SEZ, IGST is levied on your purchases. If you purchase the goods or services from SEZ, you need to select the supplier type as SEZ
5. Imports:
Imports means bringing goods or services into India from any place outside India. IGST is levied on the purchase of goods or services from outside India. If you purchase the goods or services from outside India, you need to select the supplier type as Imports.

GSTIN Number: The 15 digit PAN based number unique for supplier should be given.
GSTIN is a 15-digit number assigned to every taxpayer registered under GST.

1. First 2 digits- state code.
2. Next 10 digits-PAN number of the taxpayer.
3. The 13th digit will be assigned based on the number of registrations of taxpayer in the state.
4. The 14th digit will be Z by default.
5. The last digit is for check code.

If you are non-indian GST / ABN / VAT numbers, you can use the prevailing format based on your base country selection during business setup.

Mobile Number: 10 digit contact number of the supplier you are dealing with should be given here.

e-Mail Address: The e-Mail of the supplier should be given for sending the purchase orders and further communications.

Address Info: The place of business of the supplier from where the supplier has taken his registration or from where he sells the goods or services is included here. These details can be taken from the invoice given by the supplier. It includes

1. Flat no
2. Area
3. City
4. Pincode
5. State
6. Country

Supplier Bank Info: The goods or services may be taken on credit. you need to make the payments to your suppliers at certain regular intervals. Hence the Bank account details of Supplier like

1. Bank Name
2. Bank Account no
3. Account Type
4. IFSC Code

Save: After completely filling the form please click on the save button to save the data securely.