GST Suvidha Kendra
GSTN is the technology Backbone for GST in India. Goods and Services Tax Network (GSTN) is a Company incorporated under Section 8 (under new companies Act,as an NGO). The Government of India holds 24.5% equity in GSTN and all States of the Indian Union, including NCT of Delhi and Puducherry, and the Empowered Committee of State Finance Ministers (EC), together hold another 24.5%. Balance 51% equity is with non-Government financial institutions. The Company has been set up primarily to provide IT infrastructure and services to the Central and State Governments, tax payers and other stakeholders for implementation of the Goods and Services Tax (GST).
The GST System Project is a unique and complex IT initiative. GST implementation would be complex since it would involve integrating the entire indirect tax ecosystem so as to bring all the tax administrations (Centre, State and Union Territories) to the same level of IT maturity with uniform formats and interfaces for taxpayers and other external stakeholders. Besides, GST being a destination based tax, the inter- state trade of goods and services (IGST) would need a robust settlement mechanism amongst the States and the Centre. This is possible only when there is a strong IT Infrastructure and Service back bone which enables capture, processing and exchange of information amongst the stakeholders (including tax payers, States and Central Governments, Accounting Offices, Banks and RBI) for which was introduced The GSTN Ecosystem.
The common GST Portal developed by GSTN will function as the front-end of the overall GST IT eco-system. The IT systems of CBEC and State Tax Departments will function as back-ends that would handle tax administration functions such as registration approval, assessment, audit, adjudication etc. Nine States and CBEC are developing their backend systems themselves. GSTN is doing the backend for 20 States and 5 UTs. GSTN has been interacting with CBEC and States for ensuring mutual interaction between the front-end that would be operated by GSTN and the back-ends of the tax administrations.
An overview of GSTN Ecosystem
The GST System is going to have a G2B portal for taxpayers to access the GST Systems. The third party applications will connect with GST system via secure GST System APIs. All such applications are expected to be developed by third party service providers who have been given a generic name, GST Suvidha Provider or GSP. The GSPs are envisaged to provide innovative and convenient methods to taxpayers and other stakeholders in interacting with the GST Systems from registration of entity to uploading of invoice details to filing of returns. Thus there will be two sets of interactions, one between the App user and the GSP and the second between the GSP and the GST System.
To enhance an efficient work-model , GSP extends their service through GGI-GST Suvidha Kendra across the states of Kerala , Tamil Nadu, Pondicherry and Goa.GGI is setting up around 5000 outlests/franchisees known as GGI-GST Suvidha Kendras in these states.Since GGI is an NGO and always work with the motive to service the society, we aim to provide more than 15000 opportunities of employment while providing easily feasible method for GST taxation and related services through this endeavour.
What is GGI-GST Suvidha Kendras
GGI-GST Suvidha Kendras are the GST Facilitation Centre appointed and Approved by the GSP, The Suvidha Kendras will cater to Businesses either large or small and take care of all GST Compliance needs in a cost effective manner. All levels of Business people and Taxpayers can take advantage of these centers and comply with GST very easily and efficiently.
Need of GGI- GSP/Suvidha Kendra
In GST system all Tax payers have to provide details of all invoices along with all line items in a particular format for various returns. This mandate will require some sort of automation at all Tax payers end. Of course already automated systems have to be tweaked to comply with this mandate. So it is a big opportunity for Suvidha Kendra Franchisees. In GST regime buyer’s various returns will be auto populated based on Seller filling. This will bring in additional complexity to match seller uploaded invoice and accept/reject/modify these invoices. GST system will not allow duplicate invoice upload.
Most of the tax payers have to now file three returns in a month (amendments are not included). So automation will be the need of the hour for tax payers. There will be events like auto reversals etc so Tax payers have to keep a tab on different scenarios, which will be difficult without automation. Synchronization between Tax payer system and GST system will be a challenge. Automation using APIs will be required to do that.
The GST tax payers will need help of a GSP/Suvidha Kendra , who can provide them a facility to upload their data (in form of CSV or a Text file) and that GSP will prepare their return, provide facility for digital signing and file return with GST. The taxpayer can also use GSP provided offline tool to convert CSV format data (invoice or GSTR-1 etc.) to GST compliant format, and log on GST portal to file the same. He will download GSTR-2 and convert that into csv format to be read by his Tax Accounting S/W to do comparison etc.
How it works?
- Each of our Franchisees will register with our GSP(Botree), who is providing a portal similar to GST portal but with enriched functionalities
- The Franchisee will get a userid and password for GSP portal.
- To use GST API, Each of our Franchisees has to authenticate with GST system.
- The Franchisee will export their Tax payer’s sales register entries( having invoice level details) in csv or excel format from existing application.
- The Franchisee will login in to the GSP portal and upload csv file.
- GSP application will process this csv and generate a file , which is required by GST System.
- The Franchisee can do this activity one or more time in a month and finally, when Tax payer is planning to file return. Franchisee will go to the GSP portal and ask it to fetch summary from GST system.
SERVICES AVAILABLE IN GGI-GST SUVIDHA KENDRA:
‒ Registration of Tax Payer and Tax Consultant
‒ Returns (GSTR1 uptoGSTR12)
‒ Ledger Maintenance
‒ Other GST related services
- For Tax professionals
- Consolidated view of all clients
- Ability to upload invoice data etc. from dashboard
- Get update on the taxpayers from GST System
Do you like to be a part of our service?
Please download and fill the Application form and email to : firstname.lastname@example.org;
We shall revert to your Application in 2 days.
All what you need to start up
- 200sqft Office Space with proper air-condition
- Specified interior design *
- 2 Employees with basic knowledge in computer application and atleast one of them being qualified in any Commerce based subjects
- 2 Laptop or Desktop
- Scanner, Printer , USB Backup
- High Speed uninterrupted internet connection
* GGI-GST Suvidha Kendra will have a unique interior design and colour scheme.