The Unique Identification Authority of India’s (UIDAI) chief executive officer (CEO) A.B. Pandey was on 08 September 2017 appointed interim chairman of the goods and services tax network (GSTN) the firm providing information technology (IT) backbone and portal for registration and tax returns under the GST regime.
Pandey was given additional charge days after GSTN’s first chairman Navin Kumar completed his term on 29 August. The government has constituted a search committee for a new GSTN chairman comprising senior officials from the department of revenue. GSTN is a section 8 (under new companies Act, not for profit companies are governed under section 8), non-government, private limited company. It was incorporated on 28 March 2013 with the Government of India holding 24.5% equity.
All states of the Indian union, including the national capital territory of Delhi and Puducherry together holding an equivalent equity. The remaining 51% equity is with non-government financial institutions. The company was set up primarily to provide IT infrastructure and services to the central and state governments, taxpayers and other stakeholders for implementation of the GST.