
Make GST payments only by e-rupee, tokenisation can achieve total transparency
Published on: Sept. 2, 2025, 11:02 p.m. | Source: The Economic Times
To enhance the Goods and Services Tax (GST) system, the GST Council should mandate e-rupee use for payments to curb input tax credit fraud via blockchain technology. Luxury goods need precise classification, avoiding confusion with premium items, while 'sin' goods require clear definitions to prevent smuggling.