The Member of upper house of Parliament, Dr. Subramaniam Swamy urged complete stay of all operations of the newly constituted Goods and Services Tax Network (GSTN) in his letter wrote to Prime Minister Narendra Modi.
It remains in operational till it is restructured according to our national interest and after security certification by the Home Ministry, he said in the letter.
Dr. Swamy in his letter says, “it is dominated by not only by private institutions to hold majority shares in the GSTN Private Ltd Co. but also these private institutions are controlled by foreign shareholders”.
He also alleged that, “the data obtained by private parties and foreigners share holders of the indirect tax dues and payment of Indian tax payers as well as the details of travel from the point of manufacturing to the point of sale will help private parties to rig national stock exchange outcomes”.
Read the full text of the letter below.
