ABSTRACT

This study emphasizes on the potential of block chain based solutions in improving Goods and Services Tax (GST) compliance and transparency. The research aims to streamline GST processes, improve compliance levels, and enhance transparency in tax transactions, by applying block chain technology. This study focuses on highlighting the advantages of using the block chain technology in the administration of tax by employing a detailed analysis of the application of distributed ledger technology in the GST system. The findings of this secondary research are expected to offer valuable insights for policymakers, tax authorities, and businesses looking to improve GST compliance and transparency through innovative technical solutions. Block chain technology has shown promising results in different sectors, and its use in the administration of tax could significantly contribute to encourage a more transparent tax environment.