Infosys chief Nandan Nilekani plan on GST invoice matching may be tweaked

According to the Nilekani model, input tax credit will be available only after uploading invoices

The model proposed by Infosys Chairman Nandan Nilekani for ‘invoice matching’ to plug tax evasion under the goods and services tax (GST) may be tweaked, ensuring a smooth flow of input tax credit (ITC) to assessees.

The group of ministers (GoM) headed by Bihar Deputy Chief Minister Sushil Modi will meet on Saturday to finalise single-stage, simplified, return filing under the GST, and the report will be placed before the GST Council in its meeting on March 10.

The onus of matching invoices to claim input tax credit will fall on taxpayers instead of the IT backbone, the GST Network