Govt to expand trust-based tax regime, create large pool of 'trusted entities': Revenue Secretary

The government plans to expand the concept of trusted entities beyond the existing Authorised Economic Operator (AEO) framework, said Arvind Shrivastava, Revenue Secretary, Ministry of Finance. He said trusted manufacturers, importers or exporters who regularly deal in known goods from known sources could be identified through a digital identity and subjected to entity-level audits and verification.

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