In a new development, the Goods and Services Tax Network (GSTN) has introduced a validation process for taxpayers when adding or updating bank account details in the Goods and Services Tax (GST) Portal through non-core amendments.

According to a recent announcement from GSTN, taxpayers are now required to follow specific steps when updating their bank account details: 1. Validation Requirement: After entering the bank account details, the taxpayer must click the “VALIDATE ACCOUNT DETAILS” button. This action is crucial in confirming the entered details before proceeding further. Step by Step Guidance for Tax Audit & E-filing, Click Here

2. Save Button Disabled Until Validation: Before validating the account details, the “Save” button on the portal remains disabled. This prevents the taxpayer from submitting incomplete or incorrect information. 3. Save Button Activation: The “Save” button will only become active once the account details are validated, ensuring the information provided is correct and verified.

This enhancement is expected to reduce discrepancies and ensure greater transparency in taxpayer data handling. Taxpayers are encouraged to familiarise themselves with this new procedure to avoid any delays in the process. Step by Step Guidance for Tax Audit & E-filing, Click Here The GSTN has urged taxpayers to follow the updated guidelines closely to ensure a smooth and efficient process while updating bank account details.