Akshata Sharma
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NEW DELHI: Union finance minister Nirmala Sitharaman in address following the 53rd GST council meeting on Saturday said that there will bea biometric-based Aadhaar authentication on an all-India basis.
"This will help us to combat fraudulent input tax credit claims made through fake invoices in the cases," said Sitharaman.
When asked about inclusion of fuel under GST, Sitharaman said that the central government has always intended to include petrol and diesel under the Goods and Services Tax (GST) regime. The decision now lies with the states to come together and agree on the tax rate.
"The intention of the GST, as was brought in by former Finance Minister Arun Jaitley, was to have petrol and diesel in GST.
It is up to the states now... to decide on the rate. The intent of my predecessor was very clear, we want petrol and diesel to come into GST," said Sitharaman.
When GST was first implemented on July 1, 2017, five commodities - crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) - were included in the GST law. However, it was decided that they would be taxed under GST at a later date.
Additionally, the Union minister also said that in order in order to help small taxpayers, the council has recommended that deadline to furnish detail and returns in form GSTR 4 will be extended to 30th June.
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