GSTIN TO BE DISPLAYED ON NAME BOARDS & FRONT OF THE SHOPS AND BUSINESS ESTABLISHMENTS
I received a watsapp message a few days ago stating that it is compulsory to display our GST number on the name boards and entrance of the shop.Failing which a penalty of up to 25000 rupees will be levied.Its a government rule.
If so :-
1) Is the GSTIN not supposed to be a traders personal indentification number???
2) Will there not be misuse of the same by any fraudsters ????
3)Will the name of the establishment and the GSTIN not enough to carry out transactions by non GST registered traders which are in plenty???
Will appreciate some information on this as I am unaware of the same more