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

By | July 28, 2021
(Last Updated On: July 28, 2021)

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

27/07/2021

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

    •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.
    •The taxpayers can also see the Aggregate Turnover of the current FY based on the returns filed till date.
      1. •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.
    •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
      1. •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 the taxpayer.

 

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

Thanking You,
Team GSTN

Advisory on AATO Functionality

Please read the following advisory carefully before proceeding ahead:

  • This facility shows to the taxpayer AATO (Annual Aggregate Turnover) based on the returns filed by him/her in the last financial year.
  • The facility of turnover update has also been provided to the taxpayer in this functionality, if the said taxpayer feels that the system calculated turnover varies from the turnover as per his/her records.
  • As stated, the calculation is based on the returns filed in the last financial year. For details of the calculation see Turnover calculation logic.
  • 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 his turnover shall be summed up for computation of Annual Aggregate Turnover for each of the GSTINs.
  • The taxpayer can amend the turnover twice within a period of one month from the date of roll out of this functionality.
  • Thereafter, the updated value shall be frozen with no further attempts provided to the taxpayers to amend their turnover(s) and this turnover figure will be sent to the Jurisdictional Tax Officer for review.
  • In case the jurisdictional Officer finds any discrepancy in the updated/amended values furnished by the taxpayer, the said officer can amend the turnover.
  • Tax officers are expected to consult and/or communicate with the taxpayer before amending the turnover declared by the taxpayer.
  • The turnover finalized by the tax officer after such consultation shall be considered final.
  • In case no action is taken by the officer within 30 days on the turnover reported by the taxpayer, the same shall then be considered final (which will be displayed to the taxpayer accordingly) and will be considered as such for the entire previous financial year.
  • In case of any grievances pertaining to the said functionality, the aggrieved taxpayer can raise a ticket at https://selfservice.gstsystem.in.
  • All such tickets shall be investigated by the technical team and shall be resolved on a case by case basis and when needed they shall be forwarded to the jurisdictional officer.

Note: Taxpayers are expected to use this functionality only if there is a discrepancy observed by them in the system calculated turnover as per the calculation logic mentioned above.

Category: GST

About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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