GSTN: About Goods and Services Tax Network Features & Duties

What is GSTN?

GSTN or Goods and Services Tax Network is an entity that manages the backend of the GST system in India. A non-profit, non-government company, GSTN provides IT infrastructure and services to the central and state governments, taxpayers and other stakeholders, to implement the Goods and Services Tax in India. GSTN has also developed the front-end of the overall structure through the GST portal at www.gst.gov.in.

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The website acts as the central database for all GST-related information in India.

GSTN structure

Incorporated on March 28, 2013, GSTN is set up under Section 8 of the Companies Act, 2013 and under Section 25 of the Companies Act, 1956. While both, the centre and state governments, have 24.5% equity shares each in GSTN, the remaining 51% share is held by non-governmental institutions through various mechanisms.

See also: All about GST on flat purchase

GSTN shareholding

Central government: 24.5%

State governments: 24.5%

HDFC: 10%

HDFC Bank: 10%

ICICI Bank: 10%

NSE Strategic Investment Co: 10%

LIC Housing Finance Ltd.: 11%

However, GSTN may soon be converted into be a fully-owned government organisation, as recommended by the GST Council.

GSTN responsibilities

GST registration
Filing of GST returns
Payment of GST
Processing of GST refunds
Data processing
GST system application design, development and operation
Taxpayer migration from erstwhile regime to GST regime
IT infrastructure procurement, commissioning with state-of-the-art security apparatus
Systemic resilience against failures and disaster recovery mechanism
Helpdesk set-up and operations
Training and capacity building
GST ecosystem creation and management
Backend system for 27 states/UTs for assessments, appeal, etc.

GSTN projects

GST: Goods and Services Tax (GST) is an indirect tax launched in India in 2017.

E-way bill: E-way bill is an electronic document generated on the e-way bill portal evidencing movement of goods.

E-invoice: E-invoice involves reporting details of specified GST documents to a government-notified portal and obtaining a reference number.

TINXSYS: Tax Information Exchange System (TINXSYS) is a centralised system, facilitating information exchange among commercial tax departments of all states for better administration of inter-state trade.

Invoice incentivisation: Mera Bill Mera Adhikaar scheme to incentivise citizens and consumers.

See also: All about eway bill login process

GSTN office address

Worldmark 1, Aerocity, Indira Gandhi International Airport,

New Delhi-110037, India

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Sunita Mishra

An alumna of the Indian Institute of Mass Communication, Dhenkanal, Sunita Mishra brings over 16 years of expertise to the fields of legal matters, financial insights, and property market trends. Recognised for her ability to elucidate complex topics, her articles serve as a go-to resource for home buyers navigating intricate subjects. Through her extensive career, she has been associated with esteemed organisations like the Financial Express, Hindustan Times, Network18, All India Radio, and Business Standard.

In addition to her professional accomplishments, Sunita holds an MA degree in Sanskrit, with a specialisation in Indian Philosophy, from Delhi University. Outside of her work schedule, she likes to unwind by practising Yoga, and pursues her passion for travel.
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