GST Pilot – NSDLgst Enrolment
Goods & Services Tax (GST)
Introduction of Goods and Services Tax (GST) in India is perceived to be the most ambitious initiative in the arena of indirect tax reform. It would change the Indian tax structure and pave the way for modernization of tax administration – make it simpler and more transparent and significantly enhance voluntary compliance. GST is also envisaged as a major step for boosting business. It is estimated that GST could bring in 0.9 to 1.7 % change to the GDP of the country.
GST is a broad-based, comprehensive, single indirect tax which will be levied concurrently on goods and services. It will subsume most of the Central and State indirect taxes such as Value Added Tax (VAT), Central Sales Tax(CST), Excise Duty and Service Tax.
GST is based on a destination-based taxation system, where tax is levied on final consumption. It is expected to broaden the tax base, establish a common market across the country, reduce compliance costs, and promote exports.
The GST demands a well-designed and robust IT system for realizing its potential in reforming indirect taxation in India. The IT system for GST would be a unique system, which will integrate the Central and State tax administrations.
NSDL e-Gov was assigned the task by Govt. of India of undertaking a proof of concept (pilot) for GST implementation and developing and managing the GST Portal during this Pilot implementation. Major activities done in Pilot project were ‘As-Is’ Study of Centre and States/ UTs , setting up of GST Pilot Portal with three core modules of Registration, Tax Payments and Returns Filing, verification of dealer PAN and core fields etc. and preparation for dealer data migration. Workshops for dealers and officials of the Commercial Tax Department of Pilot States and Centre were also conducted for hands on training.
NSDL e-Gov provides two types of services for GST returns filing- Application Service Provider (ASP) Services and GST Suvidha Provider (GSP) Services.
NSDL ASP services can be availed by Dealers, CAs/Tax Consultants and Facilitation Centers (FCs). Other ASPs and entities who already have a GST return filing solution can use NSDL GSP services to connect to GSTN.
Source : https://www.nsdlgsp.co.in