Taxpayers can use any ASP / GSP facilities to do activities related to GST compliance, such as filing returns. To use the ASP / GSP services, taxpayers must require ASP / GSP access to Apis. This is an additional security feature that enables taxpayers to control access to the GST Portal’s API for their account. Taxpayers are allowed to choose ‘ No “to access the API at any time they want. This will limit the use of his / her credentials to access the GST portal by the ASP / GSP application. This is a security feature designed to avoid any unauthorized access to your information.

The India Goods and Service Tax (GST) API is a Restful API that provides services for all functionalities related to taxpayers. It covers resources such as Payment Information, Returns filing, Registration, Ledger Viewing, and more. Content is provided through the GST Developer portal to help application developers understand, use, and consume GST APIs in their applications.

GSTN (Goods and Service Tax Network), the company that handles GST’s technical portion, has released a range of APIs for developers to build applications and enable them to comply. Until we understand different APIs and how these APIs can be accessed, let’s understand the purpose for which APIs are provided.

Purpose of APIs and various usage

You can connect with a server as you know it through the API. Using these APIs, one can access GSTN servers and perform different functions.

Filing of returns

New software for filing Gst Returns can be introduced or built. GSTN offers APIs which you can use:

• Save different GST Returns,
• View different GST returns,
• Check status of GST returns,
• Create Challans and make tax payments,
• And other functions

Business challenges of investing in GSTN APIs

We have outlined the available APIs and the purpose of these APIs in the heading above, and how you can use them in your application. But the use of these APIs poses many difficulties.

Challenges are both technical and monetary

Technical challenges are not very relevant, as these can be addressed through continuous monitoring of GSTN notifications for updates.

Technical challenges

• There are still no functional GST structures and even tax rules. For example, one never knows when to discontinue a tax return. We have not started any facilities at Know your GST because of this. GST returns, such as GSTR-3B and GSTR-1, will be discontinued, with the introduction of new GST returns Sahaj and GST Sugam.
• There numerous other challenges that can be easily handled by developers.
• Response to and request from the GST APIs also varies. This is due to regular changes to GST rules.

How to get GST APIs

GSTN offers GSP (GST Suvidha Providers) access to the APIs, and GSP can also nominate ASP (Application Suvidha Provider).

So, to access GST APIs, you should either become an ASP or a GSP.

As of now, GSTN has stopped accepting new GSP registration, so there is only one option to become an ASP.

You can use our support if you are looking for a solution to check GST numbers and incorporate GST Verification APIs.

Benefits of using our APIs are:

• We have a clever system and caching to deliver 80 percent results even if GST servers or GSP servers are down.
• Signing up, generating API Key, and running your first request will take less than 2 minutes.
• Cheap plans with unlimited API calls.
• You can also compare response time, as we are known for providing the fastest response.
• Support through WhatsApp and documentation.

The post What You Must Know About GST API Integration? appeared first on Easyaccountax.