GST Suvidha Providers System Audit

GST Suvidha Provider (GSP) GSP stands for GST Suvidha Provider. A GSP is a service provider who helps the taxpayer to comply with the provisions of the GST law through its web platform. Goods and Service Tax Network (GSTN) will receive the returns filed by companies through GST Suvidha Provider.

GSPs are the special entities who have been authorized to develop a platform to enable the taxpayer to do the GST compliances. GST is biggest tax reform in Indian history. All GST system functionalities like registration, return filing, payment of taxes, uploading of invoices will be available through APIs. All return filings under GST will be managed by GSTN. GST Network has asked the GST Suvidha Providers to get their systems audited as per ISO standards before they start feeding data into the network. This assumes significance as the country is gearing up for an overhaul of its indirect tax regime and thousands of businesses will upload their purchase-sale invoices on the GST Network (GSTN) on a daily basis. GSPs were told that they must have their systems audited as per the prevailing ISO standard on security from one of the auditors on the panel of CERT-IN before they connect with and start pushing data into the GST System.