“Account Aggregator” notified as the systems with which information may be shared by the common portal based on consent u/s 158A of KGST Act, 2017 - S.R.O. No. 969/2023 - Kerala SGST

GOVERNMENT OF KERALA Taxes (B) Department NOTIFICATION G.O.(P) No.124/2023/TAXES Dated, Thiruvananthapuram, 12th September, 2023. 27th Chingam, 1199. S. R. O. No. 969/2023 In exercise of the powers conferred by section 158A of the Kerala State Goods and Services Tax Act, 2017 (20 of 2017), the Government of Kerala, on the recommendations of the Council, hereby notifies Account Aggregator as the systems with which information may be shared by the common portal based on consent under Section 158A of the Kerala State Goods and Services Tax Act, 2017 (20 of 2017). 2. This notification shall come into force with effect from the 1st day of October, 2023. Explanation: For the purpose of this notification, Account Aggregator means a non-financial banking company which undertakes the business of an Account Aggregator in accordance with the policy directions issued by the Reserve Bank of India under section 45JA of the Reserve Bank of India Act, 1934 (2 of 1934) and defined as such in the Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016. By order of the Governor, Dr. A. JAYATHILAK, Additional Chief Secretary to Government. Explanatory Note (This does not form part of the notification, but is intended to indicate its general purport.) On recommendations of the Goods and Services Tax Council, the Government have decided to notify account aggregator as the systems with which information may be shared by the common portal under section 158A of the Kerala State Goods and Services Tax Act, 2017. The notification is intended to achieve the above object.