The Goods and Service Tax ( GST ) Council recommends a phased roll-out of biometric-based Aadhaar authentication for GST registration on a pan-India basis.
The Union Finance Minister Nirmala Sitaraman presided over the 53rd meeting of the GST Council today (22nd June 2024) at New Delhi with Revenue Secretary and CBIC Chairman. The meeting commenced at 2:00 PM, however, the Finance Minister addressed the public in the evening.
The roll-out of the biometric authentication system will be done in a phased manner and apart from helping curb ITC frauds, it will also strengthen the registration process in GST, the Ministry of Finance said in a release.
There have been very good inputs coming out of it. This will help us combat fraudulent input tax credit claims made through fake invoices in some cases. So the GST council has recommended to roll-out biometric-based Aadhaar authentication of registration of applicants on an all India basis in a phased manner.”
The GST Council recommended to roll-out the biometric-based Aadhaar authentication of registration applicants on pan-India basis in a phased manner. This will strengthen the registration process in GST and will help in combating fraudulent input tax credit ( ITC ) claims made through fake invoices.
Here’s what Nirmala Sitharam said
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