1. Explain the organizational structure of GST Network.
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Explanation:
Private players own 51% share in the GSTN, and the rest is owned by the government. The authorized capital of the GSTN is ₹10 crore (US$1.6 million), of which 49% of the shares are divided equally between the Central and State governments, and the remaining is with private banks.04-Jan-2021
Central Government: 24.5%
NSE Strategic Investment Co: 10%
Answered by
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# Structure of GSTN
Private players own 51% share in the GSTN, and the rest is owned by the government. The authorized capital of the GSTN is ₹10 crore (US$1.6 million), of which 49% of the shares are divided equally between the Central and State governments, and the remaining is with private banks.
- Central Government: 24.5%
- NSE Strategic Investment Co: 10%
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