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GST Council meeting: Pan-India roll out of biometric authentication to check fake invoicing, FM says 

GST Council meeting: Pan-India roll out of biometric authentication to check fake invoicing, FM says 

To facilitate GST registration, Aadhaar biometric authentication is mandatory for new registrations across the country, the GST council recommended.

Business Today Desk
Business Today Desk
  • Updated Jun 22, 2024 7:19 PM IST
GST Council meeting: Pan-India roll out of biometric authentication to check fake invoicing, FM says The Finance Minister declared services provided by Indian Railways like platform tickets exempted from GST.

In the 53rd GST Council Meeting held on Saturday, FM Nirmala Sitharaman said that biometric authentication will be rolled out pan-India to check fake invoicing in a phased manner.  To facilitate GST registration, Aadhaar biometric authentication is mandatory for new registrations across the country, the GST council recommended.

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"There is going to be a rolling out of biometric-based Aadhaar authentication on an all-India basis. This will help us to combat fraudulent input tax credit claims made through fake invoices in the cases,"  FM Sitharaman said at the press conference after the meeting.

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Business Today Desk
Business Today Desk

Business Today brings you the latest news, views and analysis from the world of finance, economy, markets, corporates, startups, tech, and the digital economy. You can find everything from breaking news to deep dives to immersive essays and more on a variety of subjects across all formats - online, magazine, television, data visualisation, et al.

Published on: Jun 22, 2024 7:19 PM IST