GSTN

GST Network (GSTN) on Tuesday said it has started offering free accounting and billing software to MSMEs with annual turnover of up to Rs 1.5 crore, which would benefit about 80 lakh small businesses.

Commercial tax department has extended the last date to avail registration number of Goods and Services Tax Network (GSTN) for traders in Chhattisgarh till December 31.

New Delhi, Sep 21 () Showing no signs of let-up over GSTN, BJP MP Subramanian Swamy has written to Prime Minister Narendra Modi seeking "stay of all operations" of the IT backbone of GST till it is restructured with government-owned financial institutions.

The GST Council, chaired by Union Finance Minister Arun Jaitley and comprising state finance ministers, had in May agreed to a proposal to make GSTN a government company, with Centre owning 50 per cent stake and states together holding the remaining 50 per cent.

Goods and Services Tax Network (GSTN) is a non-profit non-government company that serves as the interface between the government and the taxpayers.

GSTN, the company handling the technology backbone GST, has over the last 11 months provided a platform for businesses to file their returns and pay taxes every month.

The Comptroller and Auditor General (CAG) has protested with the finance ministry against the Goods and Services Tax Network (GSTN), a special purpose vehicle majority owned by private companies, refusing to give access to taxpayers data on its network for scrutiny and audit.

New Delhi, Jun 29 () The GSTN, the information- technology backbone of the Goods and Services Tax (GST), will soon come into operation as the Home Ministry is all set to grant security clearance to it.

New Delhi, Jun 19 () The Home Ministry is examining the safety of the GSTN, an information-technology backbone of the Goods and Services Tax (GST), on the basis of a reference from the Finance Ministry.

New Delhi, Jun 22 () Safety audit of the Goods and Services Tax Network (GSTN), an information technology backbone of the Goods and Services Tax, is being carried out by security agencies ahead of its roll-out from next month.

New Delhi, Jul 5 () The home ministry has given security clearance to the GSTN, the information technology backbone of the Goods and Services Tax regime, paving the way for its operationalisation soon.

New Delhi, Feb 7 () There was no security clearance obtained by Finance Ministry from the Ministry of Home Affairs at the time of incorporation of Goods and Services Tax Network (GSTN), a special purpose vehicle set up to provide Information Technology infrastructure for implementation of the GST,

New Delhi, Jul 5 () The GSTN, the information technology backbone of the Goods and Services Tax regime, has been given security clearance by the Union home ministry.

New Delhi, Apr 5 () BJP member Subramanian Swamy today questioned the shareholding pattern in the GSTN, the IT backbone of Goods and Services Tax (GST), terming it "a shady organisation" and saying it was a "grave security" issue.

New Delhi, Jul 16 () Businesses can start uploading their sale and purchase invoices generated post July 1 on the GSTN portal from July 24, a top company official said today.

New Delhi, Jul 11 () The GSTN helpdesk is inundated with calls, 10,000 a day to be precise, with queries ranging from "how do I register?" to the age old problem of forgotten passwords even as the government is on overdrive to create awareness about the new GST regime.

The GST Council, chaired by Arun Jaitley and comprising state finance ministers, had in May agreed to a proposal to make GSTN a government company, with Centre owning 50 per cent stake and states together holding the remaining 50 per cent.

New Delhi, Apr 22 () The Finance Ministry is examining various issues including overhaul of procurement procedures and the salary structure of employees as part of the proposal to convert GST Network (GSTN) into a government company.

There were around 72,000 concurrent users in the GSTN system on Wednesday around 2 pm and finally 81,000 filed in that hour. There were 49,000 concurrent users on Thursday around 4pm and 34,000 had filed in that hour. The statistics indicated that the system capacity was sufficient for the demands.

New Delhi, Sep 21 () Citing nearly 30 lakh GST returns that have been filed so far for August, GSTN Chairman Ajay Bhushan Pandey today pointed to robustness of the network system which has faced glitches.

“We would also be studying trends in various sectors - production types, or turnover for certain commodities such as steel or coal or anything else,” GSTN Chairman said.

New Delhi, Sep 17 () The GST Network (GSTN) today said it has reopened the facility for small taxpayers with turnover of up to Rs 75 lakh to opt for composition scheme.

New Delhi, Jul 24 () The GSTN portal has started accepting uploading of sale and purchase invoices of businesses generated post Goods and Services Tax rollout on July 1. GST Network (GSTN) is the company handling the IT backbone for the new tax regime.

New Delhi, Sep 17 () A high-powered group of ministers will meet every fortnight to resolve over two dozen technical glitches identified in the GST tax portal GSTN, the panel's head and and Bihar Deputy Chief Minister Sushil Modi has said.

New Delhi, Sep 19 () The composition of Goods and Services Tax Network (GSTN), a private company tasked to create Information Technology infrastructure for GST, is under examination to give to the Centre majority stake in it. The government of India presently has 24.

Mumbai, Jan 31 () The Service Tax Department is hopeful that all the assessees in the Mumbai zone will be able to migrate to the GSTN (GST network) by this evening, which is the last date for the same.

The GSTN portal will now start accepting fresh registrations from June 25. The registration will also start for GST practitioners, Tax Deductors at Source (TDS) and e-commerce operators, which are required to collect tax at source, GSTN said in a statement.