Question

Which of the following statement(s) is/are correct regarding GST?

1. Goods and Services Tax Network (GSTN) is a non-profit organisation formed to provide IT infrastructure and services to the Central and State Governments for the implementation of GST
2. The government of India holds a 51% stake in GSTN.

• A. ii only correct
• B. None of these
• C. i only correct
• D. All are correct

Answer 1

Answer:

C. i only correct

Private players own a 51% share in the GSTN, and the government owns the rest.