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of <h1>Bihar Governor Issues Notification u/s 158A of GST Act to Use Account Aggregators for Information Sharing.</h1> The Governor of Bihar, following the Council's recommendations, has issued a notification under Section 158A of the Bihar Goods and Services Tax Act, 2017. This notification designates 'Account Aggregator' as the systems with which information can be shared through the common portal, contingent on consent. The term 'Account Aggregator' refers to a non-financial banking company operating under the Reserve Bank of India's policy directions, as outlined in the Non-Banking Financial Company - Account Aggregator Directions, 2016. This notification is effective from October 1, 2023, as per the order of the Governor of Bihar.
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