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Better Facilities for GST Refund, Return, Registration Soon Coming

GSTN New Facilities for Better and Easy GST

Goods and Service Tax Network (GSTN) has opted the decision to improve the performance of the system and then provides relief to the assessee and council through the way of interest auto-computation facility, active EVC even for companies/LLPs, the search facility for advance ruling, and others.

Towards the returns, the GSTR-3B/CMP-8/GSTR-5 automatic computation of interest, Negative Liability in R-3B, and some new changes in the comparison report shall be open on the GST government portal.

Moreover transforming the IGST refund cases on ICEGATE into GST RFD-01, Refund of Advances filed however supplies not formed beneath development, and Refund to be furnished via Unregistered person under development will be open towards a refund.

Towards registration where Aadhaar number Authentication at BO is essential for the assessee who applies for Refund and Cancellation application, Further document upload feature for the assessee in GST Registration forms 05/ 19/ 20 and to display the uploaded document to BO, Temporary ID searching feature, improvements such as reset password, change mobile number/ email id and connect it through the new enrollment process, facilitating EVC option despite for Companies/ LLP in registration module, and data integration of GeoSpatial for the assessee to support so as to reveal the true address.

Outward Supply Statement (GSTR-1) Code optimization towards revision in performance. Single One Time Authentication Key (STAK) to secure the OTP authentication towards furnishing the return more effectively. Geo-Coding to optimize the assessee and tax administrations, proactive threat hunting and Advance cyber security analytics, and the ability to produce unplanned BCP-DR drills to rectify the repetition within the IT system.

GSTN shall indeed be forming the search functionality advance ruling, Appeal, Mistakes Rectification and Appeal Effect related Functionalities, Recon and on-demand call APIs for Customs BOE data, Front Office Revamp towards rectifying the assessee experience, AATO, and validations in GST return, registration, along with that the elimination of information of communication like Mobile No. and e-mail via search Taxpayers.

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