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Last updated: 12 Apr, 2017  

PHD.9.Thmb.jpg GSTN a perfect portal for data security post GST, says its CEO

prakash-kumar-ceo-gstn.jpg
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Saurabh Gupta | 12 Apr, 2017
CEO of Goods and Services Tax Network (GSTN), Prakash Kumar on Tuesday assured industry a completely foolproof security protection of its data and tax related information with total stability and backup facility, stressing that only the tax payer and concerned tax officer would have access to information submitted to GSTN portal by tax payers post GST.

Addressing members of PHD Chamber of Commerce and Industry at an Interactive Session with GSTN on Registration, Payment, Returns & Refunds under GST in New Delhi on Tuesday, Kumar further emphasized that even functionaries of GSTN would not have any access to tax related information of tax payers after GST is enforced and that tax payers should rest assured on the front of data protection.

"Such has been the arrangement made in GSTN for protection of data security with best available tools and technologies of the time and that no leakage or even tampering is almost impossible on data and information submitted to GSTN portal," said Kumar.

Until recently 56.5 lakh of tax payers across the country have enrolled themselves with GSTN portal, informed Kumar adding that in State like Karnataka  92.9 percent of tax payers have already registered with the portal and all other states including UT are making good progress for seeking registration.

So far as payments of taxes post GST are concerned, the tax payers would have full liberties to pay off their indirect taxes through RTGS and NEFT channel with their own bank accounts and that no separate accounts are needed to deposit the taxes as the GSTN portal would accept tax payments from any account and any bank that the tax payers hold on, he pointed out.

In his opening remarks, President, PHD Chamber, Gopal Jiwarajka sought security of data protection of tax payers and any compromise on that would prove counter productive and defeat the purpose of the paperless taxation.  

He, however, exuded confidence that such a situation would never arise in view of emerging technologies and foolproof tools.

The Conference presided over by Chairman, Indirect Taxes Committee, PHD Chamber, Bimal Jain who emphasized that GSTN business processes such as registration, payments, return etc. prototype should be made available to trade so that industry can prepare for GST from July 1, 2017.

Co-Chairman of Indirect Taxes Committee, PHD Chamber N K Gupta also participated in the interactive session among others.
 
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