In business, the most important thing is data on who your customers are, what they are buying from you, at what price they are buying and what credit facilities they are enjoying.
With the GST regime taking over the billing process, all this information and more is now available on the GST Portal itself.
And it is all up for sale!
You can pay as little as 1000 Rupees (around 12 US Dollars) to get a complete dossier on your competitor and then use that data to approach his customers.
Chances are your data too is being sold to your competitor.
A case has come to light from Ludhiana, where the Industry Association has alleged that the data of their members is being sold in the open market.
GST Clerks are approaching members and are willing to sell the data for as little as 1000 Rupees!
National level data is available for as little as 20,000 Rupees (or 225 US Dollars)!
The Government’s GST Portal seems to be leaking worse than the airports and train stations that leaked in recent times.