Home GST AATO Over INR 20 Cr Required to Use 2-factor Authentication from Nov 1

AATO Over INR 20 Cr Required to Use 2-factor Authentication from Nov 1

AATO Over INR 20 Cr Required to Use 2-factor Authentication from Nov 1

2-factor Authentication Mandatory for AATO Over Rs. 20 Cr Under GST

The GST e-invoice system has been up to date, mandating two-factor authentication for all taxpayers with an Annual Mixture Turnover (AATO) above Rs. 20 crores. It will likely be efficient from November 1st, 2023.

The Nationwide Informatics Centre (NIC) has launched an analogous updation of the requirement for two-factor authentication, making use of to taxpayers with an AATO above 100 crores, commencing from July 15, 2023.

Listed here are the three strategies you’ll be able to observe for receiving the OTP (One-Time Password):

  • SMS: An OTP can be delivered to your registered cell quantity as an SMS.
  • ‘Sandes’ App: The federal government gives a messaging software referred to as ‘Sandes’ for sending and receiving messages. You possibly can obtain and set up the ‘Sandes’ app in your registered cell quantity to obtain the OTP there.
  • ‘NIC-GST-Defend’ App: The e-Method Invoice/e-Bill System gives a cell app referred to as “NIC-GST-Defend” for producing OTPs. You possibly can obtain this app completely from the e-Waybill/e-Bill portal by way of the hyperlink or by navigating to ‘Major Menu, 2-Issue Authentication, and Set up NIC-GST-Defend.

On Could 29, 2023, the NIC introduced a brand new facility to the E-way invoice system, permitting customers to de-register or cancel frequent enrolment by themselves. These enhancements will enhance performance and consumer expertise for enrolled transporters and repeatedly enrolled taxpayers.

Moreover, the GST E-way invoice system has launched an replace, reminding GST taxpayers to include 6-digit or 4-digit HSN Codes quickly to be compulsory.

As per Notification No. 78/2020 dated October 15, 2020, taxpayers with an Mixture Annual Turnover (AATO) of greater than Rs 5 Crore should use a minimal of a 6-digit HSN code in e-Invoices and e-Method Payments, whereas others should use at the least a 4-digit HSN code. Most taxpayers are already compliant with this requirement, and people who will not be are urged to adapt to the modification by the desired date. This may develop into obligatory from October 1, 2023, within the e-Waybill and e-Bill Programs.


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