Several New Functionalities have been made available by GSTN for Taxpayers on GST Portal in March, 2021. For ready reference of our readers the new functionalities in regard to GST Registration and Returns is given below:
GST Registration: New Functionalities
1. Assignment of new applications of registration, in certain cases, with same PAN and in same State/ UT
New registration applications of the applicants, whose previous application for registration were either rejected by Tax Officer or whose GSTIN was cancelled (either suo-moto or if surrendered by the taxpayer), will now be assigned to the respective authority of the State or Centre (who have earlier rejected the same), whenever these applicants/ taxpayers apply for registration under the same PAN and within the same State/ UT.
2. Aadhaar Authentication enabled for Persons/ applicants applying for GST registration through MCA portal in SPICe -AGILE Form
Persons/ applicants applying for new registration in GST, through MCA portal in SPICe -AGILE Form, can now opt for Aadhaar Authentication (while applying for registration).
3. Disabling entering Aadhaar number by Taxpayers/Applicants in registration application
The field for entering Aadhaar number has been disabled for:
• Taxpayers in following scenarios.
o While adding Authorised Signatory/Authorised Representative through NonCore amendment of registration.
o While adding Promoter/ Partner through Core amendment of registration.
• Applicants/ taxpayers adding details of Authorised Representative in New Registration application.
4. Selection of Core Business Activity by existing Taxpayers on the GST Portal
The existing taxpayers have been provided with a functionality on the GST portal to select their core business activity. They can select one of the following categories as their core business activity, based on their turnover:
• Manufacturer
• Wholesaler/Distributors/ Retailers
• Service Providers and others
GST Returns: New Functionalities
1. RESET button enabled on GST Portal for Form GSTR-1/ IFF (Invoice Furnishing Facility
Normal taxpayers, irrespective of their filing profile (of quarterly or monthly), have now been provided with a RESET button on the GST Portal, in Form GSTR-1/IFF. This will enable them to delete the entire saved data, for the specific return period, but not yet submitted or filed their Form GSTR-1/IFF.
2. Reporting and paying interest & other amounts, in Form GSTR-5A by OIDAR registrants
A person registered as OIDAR can now declare interest and any other liabilities in Table 6 – Interest or any other amount of their Form GSTR 5A and discharge it through Electronic Cash Ledger.
3. Download of Table 5 data, after filing, enabled for Form GST ITC-04
Registered manufacturers who are required to file quarterly Form GST ITC-04 (to furnish details of inputs or capital goods, sent to a job worker without payment of tax), can now download the data of Table 5 of Form GST ITC-04 (on the GST Portal), after filing the Form, when there is change in the state code, due to merger or creation of a State/ UT. This is to download data, when there is change in State/ UT code, before the goods are received back.
Also Read : FAQs , Ready reckoner on e-invoicing & Advisory on auto-population in GSTR-1 issued
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TW Editorial Team comprises of team of experienced Chartered Accountants and Advocates devoted to spread the knowledge of GST amongst the various stakeholders.
