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India's GST Council implements tracking system to curb tax evasion and adjusts tax rates on various goods.
The GST Council in India has approved a 'Track and Trace Mechanism' to reduce tax evasion by marking goods uniquely throughout the supply chain.
The council also lowered the GST rate on fortified rice kernel to 5%, exempted gene therapy from GST, and reduced the compensation cess rate to 0.1% for merchant exporters.
They also recommended no GST on certain vouchers and updated the definition of 'pre-packed and labelled' goods.
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El Consejo de GST de la India implementa un sistema de seguimiento para frenar la evasión fiscal y ajusta los tipos impositivos sobre diversos bienes.