Right to privacy – GST law would not be affected due to this judgment

Right to privacy is citizens’ fundamental right. The supreme court has gone ahead and affirmed this. However, the jury has not forgotten to warn that the right to privacy is not the absolute one. The right can get legislated whenever it seems just and fair. However, the purpose of such has to be authentic.

The assumptions have been rising that the ruling is connected to the state looking for personal information through Aadhar Card and whether the rule affects GST in any way. The issue concerning Aadhar would be debated in court to understand whether GST is under threat or not.

The government has the power through Constitution to collect and also levy taxes and create suitable law for the purpose. GST has been devised to replace near about 17 taxes. The objective of this tax introduction is to improve the tax collection system. The law, however, is not applicable to B2C dealings. It is created to regulate the B2B transactions.

An individual is not under the threat of disclosing any personal information due to GST. Tax is a source of income for the government, and due to this, the law governing tax has been created in such a way that it gives a government the right to get more information about the taxpayers. This is created for the compliance of the law.

Privacy and the transactions related to finance have become involved in such a way that one cannot be separated from other. Everything is available at a button click nowadays. The tax filing has also become technical. It can be done online. The government possesses the right to review every financial transaction which is being done online.

There is a limit of how much an organization can deal in cash. Along with this, there is also a limit to how much deposits can be made in banks. Beyond a certain amount, the deposits would get monitored.

The jury has mentioned that technology presents a threat to privacy. It is the responsibility of the state to secure the data. With the laws related to collection and administration of tax, it is time to secure data as well. The onus is on the government.