Home India Government of The National Capital Territory of Delhi STATE TAX RATE...
Date: 09-Jan-2025 Category: Extra Ordinary State: Union Government Country: India

STATE TAX RATE

Issued by Government of The National Capital Territory of Delhi · Finance Department

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Executive Summary & Key Takeaways

What it means

  • This gazette notification from the Government of the National Capital Territory of Delhi announces the 'Public Tech Platform for Frictionless Credit' as the system for sharing information on a common portal based on consent, as per Section 158A of the Delhi Goods and Services Tax Act, 2017.
  • The platform facilitates the sharing of information digitally between various data sources and financial service providers, using standard protocols and APIs.

Key Changes

  • The notification formally recognizes the 'Public Tech Platform for Frictionless Credit' as the designated system for information sharing related to GST in Delhi.
  • The platform is defined as an enterprise-grade open architecture IT platform conceptualized by the Reserve Bank of India (RBI) and developed by the Reserve Bank Innovation Hub.
  • The platform aims to create a large credit ecosystem by enabling access to digital information from diverse data sources.
  • Financial service providers and multiple data service providers will use standard and protocol driven architecture, open and shared Application Programming Interface (API) framework to converge on the platform.

Impact Analysis

Stakeholders

  • Reserve Bank of India (RBI): The platform aligns with RBI's developmental and regulatory policies.

Action Items

  • RBI should continue to monitor the platform and ensure it meets its objectives.

Key Entities Referenced

Delhi Goods and Services Tax Act, 2017: The primary legislation governing the Goods and Services Tax in Delhi. Section 158A is specifically referenced in the notification. Public Tech Platform for Frictionless Credit: An enterprise-grade open architecture information technology platform conceptualized by the Reserve Bank of India and developed by the Reserve Bank Innovation Hub. It is designed to facilitate digital information sharing for credit purposes. Reserve Bank of India (RBI): The central bank of India, which conceptualized the 'Public Tech Platform for Frictionless Credit' as part of its developmental and regulatory policies. Reserve Bank Innovation Hub: A wholly owned subsidiary of RBI responsible for developing the 'Public Tech Platform for Frictionless Credit'.
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रजिस्ट्री स.ं डी.एल.- 33002/99 REGD. No. D. L.-33002/99 भारत सरकार GOVERNMENT OF INDIA एस.जी.-डी.एxxलx.G-IअD.H-x1x1x0 12025-260164 SG-DLxx-ExG-1ID1E0x1x2x0 25-260164 असाधारण EXTRAORDINARY प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 18] दिल्ली, बृहस्ट्पजतवार, िनवरी 9, 2025/पौष 19, 1946 [रा.रा.रा.क्षे.दि. स.ं 332 No. 18] DELHI, THURSDAY, JANUARY 9, 2025/PAUSHA 19, 1946 [N. C. T. D. No. 332 भाग IV PART IV राष्ट्रीय रािधानी राज्य क्षत्रे दिल्ली सरकार GOVERNMENT OF THE NATIONAL CAPITAL TERRITORY OF DELHI foÙk ¼O;;&I½ foHkkx vf/klwpuk fnYyh] 8 tuojh] 2025 la- 06@2024&jkT; dj l-aQk- 3 ¼23½@foÙk¼O;;&I½@2024&25@Mh,l&I@36—jk"Vªh; jkt/kkuh {ks= fnYyh ds mijkT;iky] fnYyh eky vkSj lsok dj vf/kfu;e] 2017¼2017 dk 03½ dh /kkjk 158, }kjk çnÙk 'kfä;ks a dk ç;ksx djrs gq,] jk"Vªh; jkt/kkuh {ks= fnYyh ds mijkT;iky] ifj"kn dh flQkfj'kks a ij] ,rí~okjk ^^ifCyd Vds IyVs QkeZ Qkj fQzD”kuySl dzSfMV^^ dks ml ç.kkyh ds :i eas vf/klwfpr djrs gSa ftlds lkFk fnYyh eky vkSj lsok dj vf/kfu;e] 2017 ¼2017 dk 3½ dh /kkjk 158, dh mi&/kkjk ¼2½ ds v/khu lgefr ij vk/kkfjr lkekU; iksVZy ij lwpuk dks lk>k fd;k tk ldsxkA Li"Vhdj.k% bl vf/klwpuk ds ç;kstu ds fy,] ^^ifCyd Vsd IyVs Qke Z Qkj fQzD”kuySl dzSfMV^^ ls m|e&Js.kh dk ,d vksiu vkfdZVsDpj lwpuk çkS|kfsxdh eap vfHkizsr gS] ftldh vo/kkj.kk Hkkjrh; fjtoZ cSad }kjk 10 vxLr] 2023 dks 279 DG/2025 (1)2 DELHI GAZETTE : EXTRAORDINARY PART IV] ^^fodkldkjh vkSj fofu;ked uhfr;ks a ij dFku^^ ij mlds Hkkx ds :i eas dh xbZ gS rFkk bldk fodkl iw.kZ LokfeRok/khu vuq’kaxh] fjtoZ cSad buksos'ku gc }kjk izR;; ds o`gr okrkoj.k eas mlds izpkyuks a ds fy, fd;k x;k gS] ftlls fofHkUu MsVk lzksrks a ls fMftVy :i es a lwpuk rd igqap lqfuf'pr dh tk lds vkSj tgka foÙkh; lsok çnkrk vkSj cgqy MsVk lsok çnkrk ekud vkSj çksVksd‚y pfyr vkfdZVDs pj] vksiu lk>k vuqiz;ksx dk;Zdze baVjQsl ¼,ihvkbZ½ QzseodZ dk mi;ksx djrss fdlh eap ij feyrs gS] ls lwpuk rd igqap lqfuf”pr dh tk ldsA jk"Vªh; jkt/kkuh {ks= fnYyh ds mijkT;iky ds vkn's k ls rFkk muds uke ij jfoUnz dqekj] Lak;qDr lfpo FINANCE (EXPENDITURE-I) DEPARTMENT NOTIFICATION Delhi, the 8th January, 2025 No. 06/2024-State Tax No. F. 3 (23)/Fin.(Exp-I)/2024-25/DS-I/36—In exercise of the powers conferred by section 158A of the Delhi Goods and Services Tax Act, 2017 (3 of 2017), the Lieutenant Governor of National Capital Territory of Delhi, 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 Delhi Goods and Services Tax Act, 2017 (3 of 2017). Explanation.—For the purpose of this notification, “Public Tech Platform for Frictionless Credit” means 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 the 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 and in the Name of the Lt. Governor of the National Capital Territory of Delhi. RAVINDER KUMAR, Jt. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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