Now taxpayers can choose the way in which they want to fill up their due taxes under the GST regime. The concerned IT structure building unit is now openly inviting the private companies to build the third-party interface in the means of mobile applications and other user interface platforms for easing the process of transactions.
The invitations are generous to the Infotech firms, financial service providing companies which can assist in filing taxation figures of various business units registered under them via modern means of mobile apps and secure portals. This demand biased need of technological assessment has emerged from the source of a big firm currently handling the formation of the GST database structure.
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The source official noted that “The approach is similar to what the income tax department follows. Individuals are free to file their returns from multiple sources,” said the official. The person added that GSTN is inviting applications till October 15, a post which an independent jury will select the companies that fit the bill. The companies will be given a month or so to build their applications.
They will go through a tough screening process and will be certified by the government of India’s Standardisation Testing and Quality Certification agency (STQC) to ensure they meet quality standards and taxpayers do not have to worry about a bad interface.”
The GSTN origin is a result of a not-for-profit entity owned by the Centre, states, and non-government financial institutions which have now officially released the policy paper and the APIs for IT companies to develop applications which will enable taxpayers to upload invoices and file returns directly.
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Various private companies have an open forum invitation to become the part of GSTN while the Accounting software firms like SAP and Tally Solutions has already stepped up into the queue of the application process. Sumeet Sharma, vice-president and head — industries and value engineering at SAP India said, “SAP is working in close collaboration with its customers, across industries, to provide solutions for a smooth transition to GST. SAP is also working with GSTN in understanding the data flows and providing seamless connectivity from enterprise to GSTN.”
