The central government on Saturday issued a notification to bring the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA).
With the implementation of the said order, the information stored on the GST Network can now be shared under the PMLA Act.
"In the exercise of the powers conferred by clause (ii) of sub-section (1) of section 66 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government, being satisfied that it is necessary in the public interest to do so, hereby makes the following further amendment in the notification of the Government of India, in the Ministry of Finance, Department of Revenue, published in the Gazette of India, Extraordinary, Part II, "Section 3, Sub-section (i), vide number G.S.R. 381(E), June 27, 2006," the official notification read.
"In the said notification, after the serial number (25) and the entry relating to it, the following serial number and entry shall be inserted, namely (26) Goods and Services Tax Network," it added.
Featured Video Of The Day
Stepwell, Likely 150-Year-Old, Discovered During Excavation In UP's Sambhal
GST Council's Recommendations: What's Getting Expensive And Cheaper GST Council Increases Tax On Used EV Car Sale By Business GST Council Approves 'Track And Trace Mechanism' For Evasion-Prone Commodities Is Safe Car Enough? Volvo Crash That Killed CEO, Family Sparks Big Question Pics: Rahul Gandhi's Family Lunch At Iconic Delhi Restaurant "Nothing Short Of Nightmare": Woman Misses Life Event, Slams Air India Public Sector Hydropower Company Hiring For 118 Posts, Check Details Delhi's Air Quality Turns 'Severe' Despite GRAP-4 Restrictions PM Modi Meets Yoga Practitioner, Other Influencers In Kuwait Track Latest News Live on NDTV.com and get news updates from India and around the world.