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FinMin examining issues in converting GSTN to govt Firm

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 FinMin examining issues in converting GSTN to govt Firm
The Finance Ministry is examining various issues including overhaul of procurement procedures and the salary structure of employees as part of the proposal to convert GST Network (GSTN) into a government company.These two issues, along with other transitional and operational nuances, would be placed before the Union Cabinet for consideration once the GST Council clears the proposal of turning GSTN into a majority or fully-owned government entity, a source told .
Finance Minister Arun Jaitley had earlier this month asked Finance Secretary Hasmukh Adhia to "examine the possibility" of converting GSTN into a majority government company or a 100 per cent government company. GSTN provides the IT backbone for the new indirect tax regime.
The Business Standard, New Delhi, 23rd April 2018

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