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Indian Economy - Understanding the basics of Indian economic system

Goods and Services Tax Network (GSTN)

GSTN was set up as not for profit, non-Government, private limited company in 2013.

It was established primarily to provide IT infrastructure and services to Central and State Governments, tax payers and other stakeholders for implementation of Goods and Services Tax (GST).
Currently, Centre and states together hold 49% stake (24.5% each) in GSTN.
The Union Cabinet has approved conversion of Goods and Services Tax Network (GSTN) into government-owned company.

By: Deepak Thakur

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