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Stringent Rules Unveiled to Prevent GST Evasion

June 25, 2019

Stringent Rules Unveiled to Prevent GST Evasion

This Friday, the Goods and Services Tax (GST) Council revealed more stringent rules to check GST evasion and also extended the term of National Anti-Profiteering Authority (NAA) by two years to November 2021.

Under the leadership of finance minister Nirmala Sitharaman, the council also decided that GST registrations can now be completed based on Aadhaar-enabled identification. It said that the registration process can be made simpler and easier with Aadhaar data as the entities won’t be required to submit any document other than Aadhaar.

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