The Goods and Services Tax Network ( GSTN ) has announced the mandate of Multi-Factor Authentication ( MFA ) for Goods and Services Tax ( GST ) taxpayers with annual turnover more than Rs. 20 Crore.
The Advisory, among other things, stated, “Starting 1st January 2025, MFA will become mandatory for taxpayers with AATO exceeding Rs 20 Crores, from 1st February 2025 for those with AATO exceeding Rs 5 Crores, and from 1st April 2025 for all other taxpayers and users.”
Complete Draft Replies of GST ITC Related Notices, Click Here
One of the key changes involves the implementation of Multi-Factor Authentication ( MFA ). Currently, MFA, which requires login using a username, password, and OTP (sent to the registered mobile number, Sandes app, or similar platforms), is mandatory for taxpayers with an Annual Aggregate Turnover ( AATO ) exceeding Rs 100 Crores since 20th August 2023 and optional for those with AATO exceeding Rs 20 Crores since 11th September 2023.
Taxpayers are encouraged to activate and start using MFA immediately, and detailed instructions are available on the E-Invoice and E-Way Bill portals. It is advised to ensure that the registered mobile number is updated with your GSTIN.
Complete Draft Replies of GST ITC Related Notices, Click Here
The GSTN has announced that, effective January 1, 2025, NIC will introduce updated versions of the E-Way Bill and E-Invoice Systems. These enhancements are designed to strengthen the security of the portals, following recognized best practices and government regulations.
Which means, Starting January 1, 2025, MFA will be mandatory for taxpayers with an AATO of more than Rs 20 Crores. From February 1, 2025, this requirement will extend to those with an AATO above Rs 5 Crores, and from April 1, 2025, it will apply to all other taxpayers and users.
Comprehensive instructions for setting it up are available on both the E-Invoice and E-Way Bill portals. Additionally, users should ensure their registered mobile numbers are up to date under their respective GSTINs.
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