• twitter-icon
Unlimited Tax Return Filing


GST Taxpayers: AATO Over INR 20 Cr Required to Use 2-factor Authentication from Nov 20

2-factor Authentication Mandatory for AATO Over Rs. 20 Cr Under GST

The GST e-invoice system has been updated, mandating two-factor authentication for all taxpayers with an Annual Aggregate Turnover (AATO) above Rs. 20 crores. It will be effective from November 20th, 2023.

The National Informatics Centre (NIC) has released a similar updation of the requirement for two-factor authentication, applying to taxpayers with an AATO above 100 crores, commencing from July 15, 2023.

Here are the three methods you can follow for receiving the OTP (One-Time Password):

  • SMS: An OTP will be delivered to your registered mobile number as an SMS.
  • ‘Sandes’ App: The government provides a messaging application called ‘Sandes’ for sending and receiving messages. You can download and install the ‘Sandes’ app on your registered mobile number to receive the OTP there.
  • ‘NIC-GST-Shield’ App: The e-Way Bill/e-Invoice System offers a mobile app called “NIC-GST-Shield” for generating OTPs. You can download this app exclusively from the e-Waybill/e-Invoice portal via the link or by navigating to ‘Main Menu, 2-Factor Authentication, and Install NIC-GST-Shield.

On May 29, 2023, the NIC brought a new facility to the E-way bill system, allowing users to de-register or cancel common enrolment by themselves. These enhancements will improve functionality and user experience for enrolled transporters and regularly enrolled taxpayers.

Furthermore, the GST E-way bill system has released an update, reminding GST taxpayers to incorporate 6-digit or 4-digit HSN Codes soon to be obligatory.

As per Notification No. 78/2020 dated October 15, 2020, taxpayers with an Aggregate Annual Turnover (AATO) of more than Rs 5 Crore must use a minimum of a 6-digit HSN code in e-Invoices and e-Way Bills, while others must use at least a 4-digit HSN code. Most taxpayers are already compliant with this requirement, and those who are not are urged to adapt to the modification by the specified date. This will become mandatory from October 1, 2023, in the e-Waybill and e-Invoice Systems.

A two-factor authentication will be mandatory for taxpayers with AATOs over Rs 20 crore on 20th November 2023.

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Arpit Kulshrestha
Arpit Kulshrestha seeks higher interests in financial services, taxation, GST, I-T, etc. Writes articles with depth knowledge and is extensive for the same. The resources provide effective articles for the products of SAG infotech which provides taxation and IT software. Writing from observations and researching makes his articles virtuous. View more posts
SAGINFOTECH PRODUCTS

Join the Conversation

2 thoughts on "GST Taxpayers: AATO Over INR 20 Cr Required to Use 2-factor Authentication from Nov 20"

Your email address will not be published. Required fields are marked *

Follow Us on Google News

Google News

Latest Posts

New Offer for Professionals

Super Tax Offer

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Big Offer for Tax Experts

Upto 20% Discount on Tax Software

    Select Product*

    Current GST Due Dates