GST chain technological integration enhancing compliance and administration efficiency

Goods and services tax (GST 2.0) aims to create a unified tax structure to solve the different stakeholders’ problems during related compliance issues. This study explores how new technology like AI and GST Chain technology can enhance the efficiency and compliance of GST administration in India. A thorough examination of the existing literature demonstrates how these technologies can automate GST operations, increase transparency, and detect fraud. This study fills a knowledge gap by examining the effects of these factors alone on GST compliance and the effectiveness of government administration. Businesses registered for GST were surveyed with 200 respondents using a quantitative analysis through a questionnaire. The Results indicate a positive correlation between the impact of AI on compliance and other variables like AI’s contribution to administrative efficiency, GST compliance efficiency, simplification initiatives, and overall efficiency. The results show that smart audits, efficient refund processing, and effective filing frequency greatly enhance GST compliance efficiency. The research suggests that if India wants its GST system to be more dependable and effective, it must implement these technological advances.