Following detection of about 12,500 fake entities, Goods and Services Tax (GST) authorities are looking to tighten registration norms with biometric authentication and geo-tagging of risky entities. Central Board of Indirect Taxes and Customs (CBIC) Chairman Vivek Johri on Saturday said the return filing system will be tightened further to act against fraudsters who are misusing Permanent Account Number (PAN) and Aadhaar identification to obtain GST registration.
“This special two-month drive which is going on now, is conducted jointly by states and us (Centre), and had identified 60,000 units as suspicious. Out of those, 50,000 verifications have already happened and we found that about 25 per cent (of 50,000) were bogus…so around 12,500,” Johri told reporters after the GST Day marking six years of the rollout of the indirect tax regime.