Surat: The GST portal launched a new feature allowing traders to verify company details using a mobile number. This feature, introduced to prevent fraud, offers relief to traders by providing an additional verification method. The launch took place recently, aiming to enhance trust and security in business transactions.

Previously, traders could access company information on the GST portal using the GST number. Now, with the addition of the mobile number verification feature, traders can verify the details of other companies more conveniently. This helps traders ensure they are not dealing with fraudulent entities.

Traders often face uncertainty about the credibility of others, especially when offering goods on credit. Business transactions are commonly initiated through mobile numbers. In cases where payment is delayed or the mobile number becomes unreachable, traders face significant losses. The new feature addresses this issue by allowing traders to check company details via the mobile number on the GST portal.

According to CA Ateet Shah, the availability of GST details based on mobile numbers is likely to reduce cases of bogus companies. Traders will now be able to verify if the bill provided by another trader is genuine. If the mobile number used for business matches the one on the GST portal, it ensures the authenticity of the transaction. DeshGujarat