The group has recommended effective use of the biometric system to prevent GST evasion. A biometric system is a technological system that uses information about a person (or other biological organism) to identify that person. Biometric systems rely on specific data about unique biological traits in order to work effectively. A biometric system will involve running data through algorithms for a particular result, usually related to a positive identification of a user or other individual.
Source: freepressjournal.in
Latest Posts in "India"
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System
- GST: India’s Grand Federal Bargain Becomes Imperfect Political Compromise After Eight Years
- GST 2.0 Boosts Bengal’s Economy with Rate Cuts on Local Goods and Industries
