GST IT Infrastructure: GSTN, HSN, SAC, GST Council, GSTIN & GSPs
15 minThis topic covers the institutional and IT backbone of India's GST regime: the Goods and Services Tax Network (GSTN) that runs the portal, the HSN and SAC codes used to classify goods and services, the GST Council that d…
- GSTN is a non-profit, fully government-owned company managing the entire IT system of the GST portal.
- GSTN acts as the interface between taxpayers and the government for registration, invoices, returns, payments and refunds.
- Initially GSTN had 51% private and 49% government ownership; since 2018 it is 100% government-owned.
Full explanation, worked examples & memory tricks in the app