homeeconomy NewsAadhaar compulsory for new dealers from January

Aadhaar compulsory for new dealers from January

Verification of Aadhaar would be compulsory for new dealers from January 2020 to curb malpractices in paying goods and services tax, said GST Network's group of ministers' chairman Sushil Kumar Modi.

By IANS  Sept 16, 2019 6:55:27 AM IST (Updated)


Verification of Aadhaar would be compulsory for new dealers from January 2020 to curb malpractices in paying goods and services tax, said GST Network's group of ministers' chairman Sushil Kumar Modi.

"All new dealers will have to submit their Aadhaar number for authentication from January 1. Though currently optional, it has been made mandatory from the New Year (2020) to curb fake invoices that came to light after the new tax regime came into being from July 1, 2017," Modi told reporters in Bengaluru after a meeting of the group on Saturday.
Modi is also the deputy chief minister in the Janata Dal-United (JD-U)-Bharatiya Janata Party coalition government in Bihar.