New Functionalities on GST Portal

New Functionalities on GST Portal

1.) Tax Payer can Furnish details of security/ surety in ASMT-05

Every registered person can request for payment of tax on a provisional basis in accordance with the provisions of section 60(1) of CGST Act.

The applicant should execute a bond in accordance with the provisions of sub-section (2) of section 60 in FORM GST ASMT-05 along with a security in the form of a bank guarantee for an amount as determined under sub-rule (3) (i.e. amount determined in the order of provisional assessment).

Now the Taxpayer has option to Furnish details of security/ surety in ASMT-05 on GST Portal.

2.) Application for compounding in Form CPD-01 can now be made by taxpayers.

Form GST CPD-01 is Application for Compounding of Offence. Any Taxpayer can file this application in the following two cases:

Prosecution is instituted: This means that an Order for initiation of prosecution has been issued against the Taxpayer. He/she would have received a Prosecution Notice, issued by a Tax Official, regarding the same.

Prosecution is contemplated: This means that the taxpayer is voluntarily filing this application for Compounding of Offence. In this case, he/she might have received an Order, issued by a Tax Official.

Taxpayer can now Submit application for compounding in Form CPD-01. Similarly Tax Officers can now Allow or reject application for compounding of offence in Form CPD-02

3.) Tax Payer can now Upload statements/ supporting documents with RFD-01

RFD-01 is an application for online processing of refund under GST. It is to to be e-filed on the GST portal to claim the refund of: taxes, cess and interest paid in case of zero-rated supplies. balance of excess cash paid into the electronic cash ledger.

Tax Payer can now Upload statements/ supporting documents along with form RFD-01onGSTPortal.

4.) File application for rectification of order passed by appellate authority

Tax payers and Tax Officers can now file application for rectification of Orders passed by Appellate Authority on GST Portal. [Section 161 of CGST Act]

You May Also Refer : New functionality on GST Portal related to EWay Bill & Appeal

New Functionalities on CBIC-GST Portal

Tax Officers cannow:

1.) Download documents attached with refund application RFD-01A

2.) See GSTR-2A

3.) See ITC-04 on goods sent for job work

4.) MIS report on Nil return filers for a month as well as for different returns

5.) MIS report on formation wise number of taxpayers available for a define period

Also Newsletter by DG Systems and Data Management for February, 2019 has been issued by CBIC which contains 50 FAQs issued to provide CBIC Officers step wise guide to access the desired GST data.