CBIC to implement Biometric Authentication and Geo-Tagging to curb GST Fraud

Last updated: 03 July 2023


The Central Board of Indirect Taxes and Customs (CBIC) has identified over 12,000 fake entities in GST registration. These entities were used to claim fake Input Tax Credit (ITC) and defraud the exchequer. In order to curb this fraud, the CBIC is planning to implement biometric authentication and
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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