Products/business/GST Business Nature
business verification

GST Business Nature API

The GST Business Nature API reveals the type of business activities, HSN/SAC codes, and nature of business registered under a GSTIN. This is critical for lenders and insurers who need to understand what a business actually does before extending credit or coverage.

Latency

<250ms

Accuracy

99.9%

Use Cases

  • Sector classification for MSME lending
  • Insurance underwriting - nature of business checks
  • Trade finance - goods/services type verification
  • Fraud detection - declared vs actual business nature
  • Marketplace seller category verification

Industries

BankingNBFCInsuranceLogistics

Frequently asked questions

What are HSN codes?

Harmonised System of Nomenclature (HSN) codes classify goods for GST purposes. They indicate what products a business deals in.

Can I use this to check if a business is a manufacturer vs trader?

Yes. The nature_of_business array explicitly lists whether the entity is a Manufacturer, Trader, Service Provider, Exporter, etc.

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