“In suspicious cases, persons will be asked to go to an Aadhaar centre to have their biometrics verified.” File picture for illustration.
| Photo Credit: S. Siva Saravanan
The Central Board of Indirect Taxes and Customs (CBIC) is engaged on biometric authentication of dangerous entities underneath the Goods and Services Tax (GST) because it appears to be like to crack down on fraudsters who’re misusing the PAN and Aadhaar of different individuals to acquire GST registration, CBIC chief Vivek Johri mentioned.
He mentioned that the tax authorities have been additionally discussing some extra tightening in the GST return filing system to restrict the scope of claiming Input Tax Credit (ITC), when taxes had not been paid by suppliers in the provision chain.
The CBIC chief additional mentioned that throughout the ongoing drive towards fake registration, GST officers had recognized round 12,500 bogus entities, which have been used to say fake ITC and defraud the exchequer.
The biometric authentication of authorised representatives or administrators or companions of an organization can be made for brand new registration purposes and current companies registered underneath GST if tax officers had a suspicion that the entities have been being arrange solely to fraudulently declare ITC.
Also, geo-tagging of all entities was being planned by CBIC officers to authenticate that the handle offered throughout GST registration was the place from the place the entity operated, Mr. Johri informed reporters.
A pilot venture on biometric authentication and geo-tagging was already underneath method in a few States, and relying on the outcomes and analysis of digital infrastructure necessities, the venture can be launched pan India.
“We are trying to see how we can tighten the system further…We have been using OTP-based authentication earlier. Now, we are going to go in for biometric authentication also. Which would mean that in suspicious cases, persons will be asked to go to an Aadhaar centre to have their biometrics verified,” Mr. Johri mentioned.
