Finance Bill 2025 May Amend CGST Act to Introduce Track and Trace Mechanism for High-Evasion Goods

The Finance Bill 2025 is expected to amend the CGST Act to introduce a track-and-trace mechanism aimed at curbing high evasion of goods movement. This mechanism will require goods to be tracked in real time, ensuring better compliance and documentation. The system will primarily target sectors with a history of evading taxes, reducing tax leakage. It will help authorities monitor goods' movements from the source to the destination, enhancing transparency and the enforcement of GST. Businesses may need to adopt new technology to comply, and this change is expected to improve the efficiency and effectiveness of GST enforcement.