CBIC launches two-factor authentication for all e-way invoice, e-invoice

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The Central Board of Oblique Taxes and Customs (CBIC) has enabled two-factor authentication for all e-waybill and e-invoice programs to additional improve the safety of the products and providers tax programs.

The characteristic was enabled on December 1 and was rolled out on Monday.

At present the pilot rollout has been completed for a state of Haryana and after seamless operation of the identical within the state, it’s being rolled out for Punjab, Chandigarh, Uttarakhand, Rajasthan and Delhi taxpayers within the first section. Within the second section, it will likely be rolled out throughout the nation.

“At present, 2FA (two issue authentication) shall be rolled out for Punjab, Chandigarh, Uttarakhand, Rajasthan and Delhi within the first section. Within the second section, it’s deliberate to be rolled out to all states throughout India,” the GST community (GSTN), the know-how supplier for items and providers tax, mentioned in an advisory.

What is 2 issue authentication?

The two-Issue authentication is an extra safety system to guard the GST account of taxpayers from any misuse along with the username and password for logging in to the system.That is linked with the registered cellular variety of the taxpayer and a One Time Password (OTP) is generated and despatched to the cellular quantity. The OTP might be despatched to a registered cellular quantity as SMS or by way of Sandes app, which is a messaging app supplied by the federal government in order that taxpayers can ship and obtain messages.Other than that the taxpayers can use the ‘NIC-GST-Protect’ app, which is a cellular app supplied by e-wayBill or e-Bill System, in order that OTP might be generated through the use of the app.

The centre has made the two-factor authentication necessary for all GST taxpayers who’ve an annual Mixture Turnover of Rs 100 crores and above from July 15. Later the edge was lowered to Rs 20 crore. Now it will likely be necessary for all of the taxpayers that are registered underneath GST.

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