Current Affairs - Bills and Acts - Discussion
Discussion Forum : Bills and Acts - Latest Current Affairs (Q.No. 29)
29.
Which section of the CGST Act, 2017, empowers the government to implement the 'Track and Trace Mechanism'?
Answer: Option
Explanation:
The GST Council has approved the implementation of a 'Track and Trace Mechanism' to curb tax evasion for certain commodities. To facilitate this, Section 148A is to be added to the CGST Act, 2017, which provides the government with the necessary authority to enforce this mechanism. This system involves affixing unique marks on goods/packages to enable tracking throughout the supply chain.
Discussion:
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