UIDAI’s CEO A B P Pandey (IAS:1984:MH) was on 08 September appointed Interim Chairman of the Goods & Services Tax Network (GSTN)—the firm which serves as IT backbone and portal for registration and tax returns under the GST regime. GSTN’s first chairman Navin Kumar (Retd Bihar cadre IAS officer) demitted office on 29th August following the completion of his tenure that started from 17 May 2013.
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 hold equivalent equity. The remaining 51% equity is with non-government financial institutions.