GSTN to Borrow 800 Crores
THE GSTN, which will run the GST in India is to borrow Rs. 800 Crore to fund infrastructure cost. The total authorised and paid-up capital of GSTN is Rs. 10 Crore. And they may need about Rs. 1500 Crore to put GST in place. And CBEC has a Systems Directorate which is GST ready!