The GSTN, the information- technology backbone of the Goods and Services Tax (GST), will soon come into operation as the Home Ministry is all set to grant security clearance to it. The security clearance to The Goods and Services Tax Network (GSTN) is expected any time soon, a home ministry official said, without elaborating. The finance ministry is looking into the GSTN with respect to economic security whereas the home ministry is examining threat perception to national security by any of the stakeholders in the company, the official said. The procedure for granting security clearance to the GSTN involves background checking of office-bearers and others concerned. BJP MP Subramanian Swamy had earlier opposed the majority stake for private entities in the GSTN and written to Prime Minister Narendra Modi in this regard.

Source: dna June 29, 2017 14:03 UTC