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in Goods and Service Tax (GST) by (53.6k points)

What is GSTN? When is it used?

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Goods and Services Network (GSTN) : 

A special purpose vehicle has been set to provide a shared I.T. infrastructure and services to central and state government, tax payers and other stakeholders for implementation of GST. 

The Functions of the GSTN include : 

1. Facilitating registration. 

2. Forwarding the returns to the central and the state authorities. 

3. Computation and settlement of IGST. 

4. Matching the tax payment details with the banking network. 

5. Providing analysis of tax payer’s profile.

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