Fintech Companies Can Now in on GST Platform Services

Smartphone with finance and market icons and symbols concept

The GST Network has devised a strategy to rope in fintech companies as well without compromising the security of the system.
GSTN, a not-for-profit entity, which is building the IT backbone for the revolutionary tax reform of company registration in India, plans to enable such companies to offer services too, however, they will not get direct access to the GSTN. Instead, their services will be routed through NSDL, the National Securities Depository.

It has also been mandated for the other approved service providers to provide their back-end for any startup that wishes to provide GST services.

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