Ex Bihar Chief Secretary Navin Kumar will head the Goods and Services Tax Network SPV (GSTN SPV) which was set up to create an enabling environment for smooth introduction of the new indirect tax regime.
“Navin Kumar, has been selected as Chairman of GSTN SPV and his appointment will ...(facilitate) early implementation of GST,” Bihar Deputy Chief Minister and Chairperson of the Empowered Committee of State Finance Ministers on GST Sushil Kumar Modi after a meeting with Finance Minister P Chidambaram.
Kumar, who was among the six shortlisted candidates for the post of Chairman of GSTN SPV, is a 1975 batch Indian Administrative Officer (IAS). He was Chief Secretary of Bihar.
A panel headed by Union Finance Minister Chidambaram cleared his appointment and notification will issued soon. Other members of panel were Modi and Nandan Nilkeni.
Modi further said that GSTN was necessary to implement GST and it can also be used by the states for improving Value Added Tax (VAT) system.
“Without IT infrastructure, it would be difficult to implement GST... States can also use GST for VAT purpose,” he said.