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New functionality on Annual Aggregate Turnover (AATO) deployed on GST Portal for taxpayers.

GSTN has implemented a new functionality on taxpayers’ dashboards with the following features:

1. The taxpayers can now see the exact Annual Aggregate Turnover (AATO) for the previous FY, instead of just the two slabs of Above or Upto Rs. 5 Cr.

2. The taxpayers can also see the Aggregate Turnover of the current FY based on the returns filed till date.

3. The taxpayers have also now been provided with the facility of turnover update in case taxpayers feel that the system calculated turnover displayed on their dashboard varies from the turnover as per their records.

4. This facility of turnover update shall be provided to all the GSTINs registered on a common PAN. All the changes by any of the GSTINs in their turnover shall be summed up for computation of Annual Aggregate Turnover for each of the GSTINs

5. The taxpayer can amend the turnover twice within a period of one month from the date of roll out of this functionality. Thereafter, the figures will be sent for review of the Jurisdictional Tax Officer who then can amend the values furnished by t he taxpayer.

Note: For details, the taxpayers may check out the ‘Advisory’ section of the aforementioned functionality on their respective dashboards.

Thanking You,
Team GSTN

 



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Author:

TaxReply


Jul 28, 2021

Comments


GST portal shall also portrait the GST paid and payable details along with annual turnover for cross verification and confirmation of the tax payers.
By: Ramalingam | Dt: Jul 29, 2021
Hello sir,

is there any Due date to update AATO in GST Portal?
By: P Vinodh Kumar | Dt: Aug 30, 2021
Replied to P VINODH KUMAR
iam not update on 31.08.2021 there is any notice will come
By: Iqbal | Dt: Sep 4, 2021


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