Various New Functionalities in regard to GST registration have been made available for Taxpayers on GST Portal in March 2022. For ready reference of our readers the same are given as under:
Aadhaar authentication/ Aadhaar enrolment ID mandatory for Form GST REG-21
The taxpayers registered as TCS will now be able to file an application for revocation of the cancellation of registration in Form GST REG-21 only if they have successfully undergone Aadhaar Authentication or if they submit Aadhaar Enrolment ID as part of their e-KYC verification.
Form GST CMP-02 enabled on the Portal
• The application for opting-in composition scheme for the financial year, 2022-23, has been made available on GST Portal.
• The eligible registered taxpayers, who want to opt-in for composition scheme, for the Financial Year 2022-2023, can file FORM GST CMP02 application, by 31st March, 2022, on GST common portal by
navigating after Log in Services > Registration > Application to opt for Composition Levy > Filing form GST CMP-02
Changes made on the portal for composition taxpayers engaged in supply of Hotel and Restaurant Services
• Normal taxpayers having aggregate turnover upto Rs. 1.5 Crore in the previous financial year, who don’t want to avail ITC facility/ having aggregate turnover upto Rs. 75 lakh in the previous financial year & registered in Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura & Uttarakhand/ supplying services and/or mixed supplies having aggregate turnover of previous financial year upto Rs. 50 lakhs can opt for Composition scheme.
• The taxpayers engaged in supply of restaurant services were being prevented from filing their quarterly statement in Form CMP-08 if their AATO exceeded Rs 50 lakh even though they are eligible for composition levy for AATO upto Rs 1.5 Crore. This issue has now been resolved
Integration of MMI (Map my India) in address field for Registration applications
• The Geo coded addresses given by Map My India (MMI) have been integrated with the GST System for existing normal taxpayers and persons applying for registration as normal taxpayer in Form GST REG-01. This feature is also enabled for normal taxpayers while applying for core/ non-core amendment
in their registration details involving change of address.
• For such applications, the address related fields are now geo coded, and the applicants while entering details receive an auto suggestion for the address, on basis of keyed-in inputs which they can select. Further, a map tile has also been integrated with the User Interface of the applicants with a drag and drop feature for the address pinhead.
***
Don’t miss the next Tax Update / Article / Judicial pronouncement
Subscribe to our newsletter for FREE to stay updated on GST Law
Resolve your GST queries from national level experts on GST free of cost.
TW Editorial Team comprises of team of experienced Chartered Accountants and Advocates devoted to spread the knowledge of GST amongst the various stakeholders.
