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Sharing of Information under GST

Under the Goods and Services Tax (GST) law in India, information sharing is a critical component for effective tax administration, enforcement, and compliance. Vide Finance Act, 2023 the Government had inserted a new Section 158A under CGST Act 2017, to provide for consent based sharing of information furnished by a taxable person. The said section became effective from 01.10.2023 vide Notification No. 28/2023-CT dated 31.07.2023................... Read More