A recent GSTN advisory discloses that the newly launched e-Invoice QR Code Verifier App is soon going to be replaced by the new GSTN e-Services App. This new change is in line with activities undergoing to get more efficiency and user-friendly GST services. For now, we are going to discuss why this change matters and how one should prepare for the transition in our next blog post. The new change ensures that the taxpayer and business remain compliant and can take full advantage of the digital services that the GST offers. Understanding this shift.
What is the purpose of the GSTN e-Services app?
The e-Invoice QR Code Verifier App has made it relatively easy for users to identify e-invoice QR codes, thereby greatly assisting the process of invoice verification. However, increasing demands for full digital services prompted the creation of a more advanced solution by GSTN—the GSTN e-Services App.
Apart from just the QR code verification feature, which is already there in the current version, multiple features will be offered through this new application. It is trying to be an integrated gateway through which easy and seamless access is provided to all the necessary GST-related services. This in itself proves how much this government is keen on getting more tax compliance through less error, as well as making it easier to use as well.
The GSTN e-Services App is not just a replacement for the e-Invoice QR Code Verifier App, but it is going to provide many more features to businesses for managing different GST-related compliances.
Why is this shift happening?
This transition, in the first place, is supposed to gather under one roof every form of GST-related services. Today, a business user has to log in to different apps or online tools to meet various GST requirements. The GMSTN e-Services App will enable the user to access numerous features in one place, and that, therefore, will simply reduce the complexity of the current system.
The move falls in line with making the GST ecosystem digital. The integrated app, according to GSTN, will facilitate ease and speed in tax filing and compliance by users. There are multiple functionalities envisaged on the app, and more than just QR code verification to improve the user experience and reduce administrative tasks better.
Essential Features of the GSTN e-Services Application
Although the advisory has not given us detailed information yet, we can expect the following functionalities in the GSTN e-Services App:
- QR Code Verification: QR code verification of e-invoices will remain there, and most probably, it will become faster and more accurate with the new app.
- E-Invoice Management: Generation, verification, and management of the e-invoices will become more efficient.
- The App: should enable direct filing of GST returns, so one need not look at the different portals.
- Tracking of GST payments: Businesses will be able to look into real-time tracking of GST payments.
- User-Friendly Interface: the app shall be an even better interface than the one initially offered for easier usability by any extent of the user.
These are expected to ease the burden of businesses, especially small and medium enterprises, on dealing with the complexity of the GST process.
What Should Organizations Do?
As the e-Invoice QR Code Verifier App becomes obsolete, organizations relying on the same need to start making preparations in advance for the change. Here is the step-by-step action to be taken:
- Be Up To Date: See the notifications on official GSTN websites or learn from more authentic tax news portals like Saptax Hub, the best CA firm in Delhi., that bring to you the freshest changes happening under GST. Being up-to-date will aid you to shift appropriately.
- Prepare your employees: If your business has employees who actually implement GST compliance, train them on all the features of this new application. This will enable them to effectively use the app once it’s available.
- Test your systems: Businesses should review their existing invoicing and GST filing systems so they would not hinder the performance of this new app. This will ensure a lesser system disruption in the transition period.
- Test the New App: Once the GSTN e-Services App is launched, businesses must test all its components to make sure everything is in working order. It is far better to identify problems early rather than running into those problems when critical filing periods are in the way.
In order to know more and get professional guidance for navigating GST change and other services like ROC filing in Delhi, you must check out Saptax Hub. Well, this gives really interesting info and also the much-needed tools for businesses to keep in pace and make the best of GST digital services.
In conclusion, that is, there is this positive step forward of replacing the e-Invoice QR Code Verifier App with the GSTN e-Services App, which helps businesses better manage their GST responsibilities without much error chances to also upgrade compliances. Do not forget to be updated and prepare yourself for the transition to this new, much improved app.