GSTN allows the geocoding of GST delivers for all states and UTs
Geocoding has been made available to companies in all states and union territories via the goods and services tax network (GSTN), the technology that supports the goods and services tax (GST). This will make it simpler to find tax evaders and delete fraudulent registrations. "GSTN is pleased to inform you that the geocoding functionality for the "Additional Place of Business" address is now active across all States and Union Territories," GSTN stated in a released advisory.
Launched in February, this functionality was running on a pilot basis in Delhi and Haryana. This technology enables tax agencies to accurately identify the geographical coordinates of properties, businesses, and taxpayers and will help them identify the exact location of the taxpayer's addresses. Also, this will allow the determination of the exact location of registered entities and will ensure address details in GSTN records are streamlined, leaving less scope for fake GST addresses and registration.
Heat maps and spatial analysis tools can reveal clusters of tax irregularities, helping enforcement agencies allocate their resources more effectively. "Geocoding functionality plays a crucial role in apprehending tax cheats by providing tax authorities with precise location data," Rajat Mohan, Senior Partner, AMRG and Associates, said. "By leveraging geocoding, tax authorities can enhance their auditing and enforcement efforts, ultimately contributing to fairer and more efficient tax collection processes," Mohan added. So far, GST Network has geocoded 2.05 crore addresses of registered businesses to verify genuine registrations and provide accurate data in GSTN records.
