Officials selling traders’ data to rivals for monetary gains, alleges CAs body
Details uploaded by traders while filing their returns under the Goods and Services Tax (GST)—about their purchases and sales—are being traded. Information such as from whom and at what price a trader purchased goods, and to whom and at what price they sold them, is allegedly being sold by state GST officers to rival traders. A rival trader, after acquiring this data, can undercut prices and snatc…