GST Council panel for 2-pronged strategy to curb fake invoices
Shoes and Accessories|December 2020
The Law Committee of the GST Council has suggested a two-pronged strategy to tackle the issue of fake invoices, sources said.
GST Council panel for 2-pronged strategy to curb fake invoices

According to people in the know, the panel has recommended that new or fresh registrations in GST may adopt an Aadhaar-like registration process under which new registration can be done online with live photo and use of biometrics with due verifi cation of documents.

Such facilities can be provided at banks, post offices, and GST Seva Kendras (GSK), just like the Passport Seva Kendras or the Aadhaar Seva Kendras. The GSKs can work on the pattern of the Passport Seva Kendras to provide new registration facilities with required checks on fake registration.

According to sources, the Law Committee has suggested that a fresh registrant must go for compulsory physical verifi cation and personal identifi cation in case he or she opts for non Aadhaar authentication-based registration process and does not have income tax return supported adequate fi nancial capability.

This story is from the December 2020 edition of Shoes and Accessories.

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This story is from the December 2020 edition of Shoes and Accessories.

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