Notify “Public Tech Platform for Frictionless Credit” as the system with which information may be shared by the common portal based on consent under sub-section (2) of Section 158A of the Puducherry Goods and Services Tax Act, 2017 - G.O. Ms. No. 1 - Puducherry SGST

GOVERNMENT OF PUDUCHERRY COMMERCIAL TAXES SECRETARIAT (G.O. Ms. No. 1, Puducherry, dated 04th April 2024) NOTIFICATION In exercise of the powers conferred by section 158A of the Puducherry Goods and Services Tax Act, 2017 (Act No. 6 of 2017) (hereinafter referred to as the said Act), the Lieutenant-Governor, Puducherry, on the recommendations of the Council, hereby notifies Public Tech Platform for Frictionless Credit as the system with which information may be shared by the common portal based on consent under sub-section (2) of section 158A of the Puducherry Goods and Services Tax Act, 2017. Explanation. For the purpose of this notification, Public Tech Platform for Frictionless Credit mean, an enterprise-grade Open Architecture Information Technology Platform, conceptualised by the Reserve Bank of India as part of its Statement on Developmental and Regulatory Policies dated 10th August, 2023 and developed by its wholly owned subsidiary, Reserve Bank Innovation Hub, for the operations of a large ecosystem of credit, to ensure access of information from various data sources digitally and where the financial service providers and multiple data service providers converge on the platform using standard and protocol driven architecture, open and shared Application Programming Interface (API) framework. (By order of the Lieutenant-Governor) L. MOHAMED MANSOOR, Additional Secretary to Government (Commercial Taxes).