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New Functionality Deployed On GST Portal Displaying Annual Aggregate Turnover (AATO)

GSTN has implemented a new functionality on taxpayers’ dashboards regarding Annual Aggregate Turnover (AATO) with the following features:

  • To see the exact Annual Aggregate Turnover (AATO) for the previous F.Y., instead of just the two slabs of Above or Up to Rs. 5 Cr.
  • To see the Aggregate Turnover of the current FY based on the returns filed till date.
  • The facility of turnover update in case taxpayers feel that the system calculated turnover displayed on their dashboard varies from the turnover as per their records.
  • This facility of turnover update provided to all the GSTINs registered on a common PAN. All the changes by any of the GSTINs in their turnover shall be summed up for computation of Annual Aggregate Turnover for each of the GSTINs
  • The taxpayer can amend the turnover twice within a period of one month from the date of roll out of this functionality. Thereafter, the figures will be sent for review of the Jurisdictional Tax Officer who then can amend the values furnished by the taxpayer.

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