What is the equity structure and Revenue Model of GSTN?
Question 4
Bill
GSTN and Frontend Business Process on GST Portal
Faq On GST (2nd Edition) Dated 31.3.2017
Q 4. What is the equity structure and Revenue Model of GSTN?
Ans. (a) Equity Structure: – In compliance of the Cabinet decision, GST Network was registered as a not-for-profit, non-Government, private limited company under section 8 of the Companies Act, 1956 with the following equity structure:
Central Govt
24.5%
State Govts
24.5%
HDFC
10%
HDFC Bank
10%
ICICI Bank
10%
NSE Strategic Investment Co
10%
LIC Housing Finance Ltd
11%
The GSTN in its current form was created after taking approval of the Empowered Committee of State Finance Ministers and
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =