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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.

Indian Government has appointed 34 GST Suvidha Providers (GSPs) who will be allowed to develop simple applications to be used by taxpayers for interacting with GSTN.

GSTN has selected 34 companies who will be known as GST Suvidha Providers (GSPs). Those GSPs can also develop application softwares which will be used by taxpayers for interacting with the GSTN.

Why do you need services of GSP?

The tax automation will be very critical under GST because it would be very difficult to comply all regulatory requirements under Goods and Service Tax (GST). 

The high level of synchronization of data will be required and all such information will be transferred between the taxpayer’s system and the GST Network (GSTN) system. 

It would be very difficult to achieve this synchronization without automation. These application service providers will provide innovative and convenient methods of interacting with the GST Systems, from registration, to uploading invoice details, to filing returns. 

In other words, GSTN can interact only with GSP, not with tax payers.

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