GST Council agrees and accepts to adopt the GoM report on GST System reform

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11-Jul-2022 11:31:48
News Date: 28 June 2022
Council has agreed to adopt Recommendations of GoM on system reforms, recommendations are:
- Using mandatory biometric authentication for high-risk applicants for registration under GST
- Identifying risky behaviour of the new registrants/applicants using Artificial intelligence and place the information on the back office for the field officer to carry out mandatory physical verification of these taxpayers
- Inclusion of Electricity Bill meta data (CA No.) as a data field during registration by new taxpayers. CA Number shall be verified to improve the quality of registered addresses in GST System
- Real time validation of Bank Accounts through integration of GST System with NPCI
Source: https://twitter.com/CNBCTV18Live/status/1541737780799082496
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