As per the recent tweet by CNBC-TV18, sources say the GST Council agrees and accepts to adopt the GoM report on GST System reform
Council has agreed to adopt Recommendations of GoM on system reforms, recommendations are:
- Using mandatory biometric authentication for high-risk applicants for registration under GST
- Dentifying risky behaviour of the new registrants/applicants using Artificial intelligence and place the information on the back office for the field officer to carry out mandatory physical verification of these taxpayers
- Al based interdiction to generate reports for officers to take post registration verification and other necessary actions for high-risk taxpayers
- Online/site verification with the help of Geo-Coding and for officers to carry out physical verification of high-risk taxpayers or getting correct address filed by the taxpayers
- Inclusion of Electricity Bill meta data (CA No.) as a data field during registration by new taxpayers. CA Number shall be verified to improve the quality of registered addresses in GST System
- Real time validation of Bank Accounts through integration of GST System with NPCI
- Council agreed to adopt recommendations of GoM on system reforms, recommendations are: Outcome of verification shall be made available to the tax officers
- GSTN to take necessary steps to make available info related to all bk accounts Vs a particular PAN
- GSTN to take necessary steps to to make available info related to development of feedback mechanism for capturing the feedback of leads generated by systems to alert tax authorities
Source from: https://twitter.com/CNBCTV18Live/status/1541737780799082496
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