Swamy targets GST Network again, to write to Amit Shah, BJP CMs : The Tribune India

Join Whatsapp Channel

Swamy targets GST Network again, to write to Amit Shah, BJP CMs

NEW DELHI: Sharpening his attack against GSTN, the company set up to create IT backbone for GST rollout, BJP MP Subramanian Swamy on Saturday said he will write to party president Amit Shah and chief ministers of BJP-ruled states to oppose its structure.

Swamy targets GST Network again, to write to Amit Shah, BJP CMs

Subramanian Swamy. — PTI file photo



New Delhi, August 27

Sharpening his attack against GSTN, the company set up to create IT backbone for GST rollout, BJP MP Subramanian Swamy on Saturday said he will write to party president Amit Shah and chief ministers of BJP-ruled states to oppose its structure.

“I am writing to Amit Shahji and all BJP chief ministers that while ratifying the constitution amendments for GST Bill, they should oppose GSTN,” Swamy tweeted.

So far, eight states have ratified the GST Constitution Amendment Bill. These include 5 BJP-ruled states -- Assam, Chhattisgarh, Jharkhand, Gujarat and Madhya Pradesh.

The Goods and Services Tax Network (GSTN) is the special purpose vehicle that was formed under the previous UPA regime to set up the information technology framework for rolling out the indirect tax regime that will replace a string of local levies.

According to Swamy, the equity structure of GSTN is "anti-national".  The government of India holds 24.5 per cent stake in GSTN while state governments, including NCT of Delhi and Puducherry, and the Empowered Committee of State Finance Ministers, together hold another 24.5 per cent. The balance 51 per cent equity is with non-government financial institutions.

Earlier this month, Swamy had written to Prime Minister Narendra Modi raising strong objection to the majority stake for private entities in GSTN to manage and control accounting and collection of GST.

He had urged the Prime Minister to ensure it is replaced by a government-owned structure.

Referring to ownership details of the GSTN company, he had said central and state governments will jointly have only 49 per cent stake in it and the rest with private entities like HDFC Bank, ICICI Bank and LIC Housing Finance that have foreign shareholding. — PTI

Top News

Jailed gangster-politician Mukhtar Ansari dies of cardiac arrest

Jailed gangster-politician Mukhtar Ansari dies of cardiac arrest

Ansari was hospitalised after he complained of abdominal pai...

Delhi High Court dismisses PIL to remove Arvind Kejriwal from CM post after arrest

Delhi High Court dismisses PIL to remove Arvind Kejriwal from CM post after arrest

The bench refuses to comment on merits of the issue, saying ...

Arvind Kejriwal to be produced before Delhi court today as 6-day ED custody ends

Excise policy case: Delhi court extends ED custody of Chief Minister Arvind Kejriwal till April 1

In his submissions, Kejriwal said, ‘I am named by 4 witnesse...

‘Unwarranted, unacceptable’: India on US remarks on Delhi CM Arvind Kejriwal’s arrest

‘Unwarranted, unacceptable’: India on US remarks on Delhi CM Arvind Kejriwal’s arrest

MEA spokesperson says India is proud of its independent and ...

Gujarat court sentences former IPS officer Sanjiv Bhatt to 20 years in jail in 1996 drug case

Gujarat court sentences former IPS officer Sanjiv Bhatt to 20 years in jail in 1996 drug case

Bhatt, who was sacked from the force in 2015, is already beh...


Cities

View All