The GST Network on Saturday decided to make Aadhaar authentication or physical verification mandatory for GST Registration from January 2020.
The 35th GST Council meeting held under the Finance Minister Nirmala Sitharaman has approved the use of the Aadhaar card for the enrollment on the Goods and Services Tax Network ( GSTN ). The use of Aadhaar card would be doing away with the requirements of various other documents.
“Aadhaar authentication of new dealers will be mandatory. Earlier it was optional. But we have noticed in two years that there’s a good number of fly-by-night operators. They make fake invoices,” Bihar deputy chief minister Sushil Kumar Modi, who heads the group of ministers of GST Network reportedly told.
“In the earlier system, people have to give various documents and submit them in physical and scan form. No, we have decided the use Aadhaar and several advantages will occur to businesses. The person applying can go online and using his Aadhaar number and OTP authentication can register himself in the GSTN portal and get GSTN registration number
Those who don’t want Aadhaar authentication, physical verification will be carried out, which will be completed in three days.
The GSTN also decided the much simplified new return system may be launched on January 1, 2020, the Bihar Deputy chief minister also said.
The GST Council meeting is scheduled in Goa on September 20, he added.