Abbreviations

Below you will find the list of abbreviations and terms used in describing the Goods and Services Tax (GST) module.

Abbreviation/Term	Expansion/Description
GST	Goods and Services Tax.
CGST	Central Goods and Services Tax.
SGST	State Goods and Services Tax.
IGST	Interstate Goods and Services Tax.
GSTIN	GST Identification Number.
RCM	Reverse Charge Mechanism.
PAN	Permanent Account Number.
SEZ	Special Economic Zone.
CREDIT NOTE	An invoice issued by a supplier or a service provider when GST need to be refunded.
FIRC	Foreign Inward Remittance Certificate.
IRN	Invoice Registration Number.
LCY	Local Currency.

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