The scope of the PML Act to include GSTN through Notification F. No. P.12011/2/2009-ES Cell-DOR, has expanded. By bringing GSTN within the ambit of the PML Act, the government seeks to strengthen the existing framework for combating money laundering and illicit activities related to GST.
The inclusion of GSTN enables the ED, a specialized financial investigation agency, to share information or material with GSTN whenever they have reasonable grounds to suspect violations of the GST provisions. This collaboration between the ED and GSTN aims to enhance the effectiveness of investigations and promote better compliance with GST regulations.
This Article is only a knowledge-sharing initiative and is based on the Relevant Provisions as applicable and as per the information existing at the time of the preparation. In no event RMPS & Co. or the Author or any other persons be liable for any direct and indirect result from this Article or any inadvertent omission of the provisions, update etc. if any.
Notification is attached here with for ready reference.
