How is check digit calculated?

How is check digit calculated?

Check Digit Calculation Method

  1. Multiply each digit of the original number by a weighting factor of 1 or 2 as follows: multiply the units digit by 2, the tens digit by 1, the hundreds digit by 2, the thousands digit by 1, and so forth.
  2. Sum the digits of the products from step 1.

What does 1st letter in PAN stands for?

Meaning of PAN card The logic behind the array of numbers and alphabets is as follows: First three characters i.e. “AFZ” in the above PAN are alphabetic series running from AAA to ZZZ. Fourth character i.e. “P” in the above PAN represents the status of the PAN holder. “P” stands for Individual. “F” stands for Firm.

What is a check digit number?

A check digit, also known as a checksum character, is the number located on the far right side of a bar code. The purpose of a check digit is to verify that the information on the barcode has been entered correctly.

What is checksum digit in Gstin?

The last i.e 15th character of GSTIN is the checksum digit. It is derived by a mathematical formula on the basis of first 14 characters.

What does F stand for in PAN card?

“G” stands for Government Agency. “J” stands for Artificial Juridical Person. “L” stands for Local Authority. “F” stands for Firm/ Limited Liability Partnership.

What does 4th letter of PAN indicate?

The fourth character represents the status of the PAN holder. C stands for Company, P for Person, H for HUF (Hindu Undivided Family), F for Firm, A for Association of Persons (AOP), T for AOP (Trust), B for Body of Individuals (BOI), L for Local Authority, J for Artificial Juridical Person and G for Government.

What if I forgot my PAN number?

​If the PAN card is lost then you can apply for duplicate PAN card by submitting the Form for “Request for New PAN Card or/ and Changes or Correction in PAN Data” and a copy of FIR may be submitted along with the form.

  • October 10, 2022