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?
\nAns. (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:
\nCentral Govt
\n24.5%
\nState Govts
\n24.5%
\nHDFC
\n10%
\nHDFC Bank
\n10%
\nICICI Bank
\n10%
\nNSE Strategic Investment Co
\n10%
\nLIC Housing Finance Ltd
\n11%
\nThe GSTN in its current form was created after taking approval of the Empowered Committee of State Finance Ministers and<\/p>\n
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