GSTN notifies Module wise New Functionalities deployed on GST Portal for Taxpayers.

The Goods and Service Tax Network on 2^nd December 2021 has notified Module-wise new functionalities deployed on the GST Portal for taxpayers from December 2020 till November 2021.

These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund and other miscellaneous topics. Various webinars are also conducted as well informational videos prepared on these functionalities and posted on GSTNs dedicated YouTube channel for the benefit of the stakeholders.

Key highlights from each module:

1. A functionality which was introduced in November 2021 allows taxpayers to withdraw their application for cancellation of registration, filed in Form REG-16, provided no action has been initiated by the tax officer against their application. Now the effective date of suspension of a taxpayer is also displayed on the Portal when his/her profile is accessed using “Search Taxpayer” functionality.
2. July-September 2021 module, implements a new functionality for taxpayers on the Portal to check the status of their bank account detail updation. In case they have not updated it within 45 days of their first time login, the system will now prompt them to update it.
3. April- June 2021: A taxpayer under Quarterly Return Filing and Monthly Payment of Taxes (QRMP) Scheme can declare their liability through optional IFF for Month 1 and Month 2 of a quarter & Form GSTR-1 for Month 3 of the quarter. Declaration of liability in these forms, would now be auto-populated in their Form GSTR-3B (Quarterly) of that quarter, based on their filed Form GSTR-1 and IFF.
4. January-March 2021: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:
   1. Manufacturer
   2. Wholesaler/Distributors/ Retailers
   3. Service Providers and others
5. October-December 2020: In consonance with recent changes in the law which provide for applicability of interest on delayed payment of tax only on the tax component paid from cash ledger, the validation on the amount of interest under CGST and SGST/UTGST being equal has been removed. The interest payable in Form GSTR-3B under the CGST and SGST/UTGST heads can now be different. This has been implemented for both Online and Offline filing.