CAG will audit GSTN: Arun Jaitley
Clearing the air on audit of the firm providing IT backbone for GST, Finance Minister Arun Jaitley on Monday said the Comptroller and Auditor General of India will audit the Goods and Services Tax Network (GSTN).
In a rebuff of party colleague Subramanian Swamy, he defended the equity structure of GSTN saying that he did not find anything wrong in government holding 49 per cent stake in the company.
Swamy has repeatedly questioned the shareholding pattern in the GSTN, terming it "a shady organisation" that was a "grave security" issue.
"The present structure of GSTN was decided by the United Progressive Alliance (UPA) when Mr P Chidambaram was the finance minister. I have personally reviewed the entire structure and I saw no reason to disagree with him," Jaitley told CNBC TV18...