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Facility of digital payment to recipient.

Section 31A.

The Government may, on the recommendations of the Council, prescribe a class of registered persons who shall provide prescribed modes of electronic payment to the recipient of supply of goods or services or both made by him and give option to such recipient to make payment accordingly, in such manner and subject to such conditions and restrictions, as may be prescribed.

AI Explanation

In simpler terms, the government has the authority to specify a group of registered individuals or businesses. These entities are required to offer specific electronic payment methods to those who receive goods or services from them. The government can provide guidelines through a council, outlining the modes of electronic payment that should be made available. Additionally, the recipient of the goods or services has the option to choose their preferred method of payment. The details of this process, including the manner, conditions, and any restrictions, will be laid out according to the government's prescription.

Ensuring Electronic Payment Options

To streamline transactions involving the supply of goods or services, the government, with the help of the Council, can designate certain individuals or businesses. These entities are obligated to provide various electronic payment options to the recipients. The goal is to make the payment process more accessible and convenient. Recipients are given the flexibility to choose the electronic payment method that suits them best. The specific guidelines, including the manner in which payments should be made and any associated conditions, will be determined and communicated by the government.