39 more companies to become GST Suvidha Providers

Goods & Services Tax(GST)

The GST Network has added 39 more companies in the list fo GST Suvidha Providers. GSTN is the agency which manages technological infrastructure around the Goods & Services Tax. Some of the biggest names included this time around are Zoho Corporation, PwC, KPMG and PayNear.

GST Suvidha Providers (GSPs) works on a number of levels with the government. These are a link between the customer and the central GSTN database. The services provided by GSPs include GST registration, uploading of the invoices and GST returns on their portals. The information uploaded on the GSPs is then routed to the central GSTN database. Having more available options will also ensure that the users will get competitive pricing for using the services of GSPs.

The first phase of shortlisting of GSPs included the likes of Deloitte, EY, Tata Consultancy Services and Reliance Corporate IT Park. Off late, customers have faced a lot of glitches while filing their returns and submitting the information and that has made GSTN look for more available options. The continuous bugs on the platform made GSTN extend the date of first filing of the returns.

In August, 69 companies were shortlisted by GSTN to for demo and presentation among the 160 applicants. Some of the names which were shortlisted for the demo round included HDFC Bank, Taxspanner, Adaequare, CSC e-Governance Services, Compare Infobase, and Gamut Infosystems. As an interesting move, HDFC Bank remained absent from the demo and presentation round. HDFC Bank is one of the stakeholders in the GSTN and it would have become the first bank to get qualified as GST Suvidha Providers had it been selected.