The GST portal has introduced a new functionality that allows users to track the return filing status of registered taxpayers financial year-wise. This enhancement aims to provide better transparency and ease of access to historical data for businesses and tax professionals.
Key Highlights
- Track Return Filing Status Financial Year-Wise: Users can now check the GST return filing status of taxpayers from the financial year 2017-18 to the present date. This feature simplifies the process of monitoring compliance over multiple years.
- Enhanced Transparency: The new functionality allows for better oversight and transparency, enabling businesses to ensure their compliance records are up-to-date.
- Ease of Access: The GST portal's user-friendly interface ensures that even those with limited technical knowledge can easily navigate and utilize this new feature.
How to Use the New Feature
- Login to the GST Portal: Access the GST portal using your credentials.
- Navigate to 'Return Filing Status': Find the 'Return Filing Status' option in the main menu.
- Select Financial Year: Choose the financial year you wish to review.
- View Return Status: The portal will display the return filing status for the selected year, providing details such as the filing date, status (filed/not filed), and any discrepancies.
Conclusion
The introduction of the financial year-wise return filing status tracking on the GST portal is a significant step towards enhancing the efficiency and transparency of GST compliance. Businesses and tax professionals alike will find this feature invaluable in maintaining accurate records and ensuring timely compliance.
CAclubindia
