GST Suvidha Provider (GSP)

Goods and Services Tax Network (GSTN) has been formed by Government of India under section 25 of Companies Act, 1956, which will host IT infrastructure, systems and provide services to the Central and State Governments, tax payers and other stakeholders for supporting implementation and administration of GST.

GSTN has permitted tax payers to interface with GST System via third party applications through secure GST system APIs. Entities developing such applications are called GST Suvidha Provider (GSP). GSP will need to connect to the GST system directly through an MPLS or VPN connection.

The GSPs are envisaged to provide innovative and convenient methods to taxpayers and other stakeholders in interacting with the GST Systems from registration of entity to uploading of invoice details to filing of returns.Thus there will be two sets of interactions, one between the App user and the GSP and the second between the GSP and the GST System.

GSTN believes in creating an ecosystem of Service Providers viz GST Suvidha Provider (GSP) providing innovative solutions (Portal, Mobile App, Enriched API) either themselves or through its third party partners for making tax filing more easy and convenient to tax payers.

The GSP developed Apps will connect with the GST system via secure GST system APIs. Some of the functions of GSP are:

• Development of various apps / interfaces for taxpayer, TRPs of GST system
• Providing other value added services to the taxpayers
• GSTN envisages a very important role of GSPs in making GST rollout easy and convenient for tax payers.

Methodology

Taxpayer via his choice of third party applications, which will provide all user interfaces and convenience via desktop, mobile, other interfaces, will be able to interact with the GST system. The third party applications will connect with GST system via secure GST system APIs

Apart from uploading of invoices & filing of returns, following other services are expected form GSPs

• Maintaining individual business ledgers (sales ledger and purchase ledger)
• Other value added services
• Automatic reconciliation of purchase made and entered in the purchase register and data downloaded in the form of GSTR-2 from the GST portal
• Sector specific/trade specific facilities
• Converting taxpayer?s purchase/sales register data in GST compliant format
• Integration of taxpayer?s Accounting Packages/ERP with GST System