ReferIndia News Make GST payments only by e-rupee, tokenisation can achieve total transparency

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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.

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