GST Rate Finder App
The government has launched “GST Rate Finder App” which is suggested as your ready reckoner for all the tax rates that are to be charge under the GST regime. Goods and Services Tax Rate Finder App has been developed by the Central Board of Excise and Custom. CBEC chairperson Vanaja Sarna said, “First app of its kind which would be a ready reckoner for public, for customers, for consumers, traders, students, anyone who wishes to have very handily rates available. So, if you are in a market, a restaurant or anywhere you can easily check what the GST rate is.” The app is currently available for Android platform users, but will soon be made accessible by Apple’s iOS platform users, as announced by the finance minister. Check out How To Download & Use GST Rate Finder India To Check New Rate On Purchase.
All About GST Rate Finder App
The details concerning the tax rates can also be accessed from the CBEC GST website. Once the GST Rate Finder app has been downloaded it can be used in offline mode as well.
The Finance Ministry said “A taxpayer can search for applicable CGST (Central GST), SGST (State GST), UTGST (Union Territory GST) rate and Compensation Cess on a supply.”
The government Of India has undertaken various programs to educate both consumers and traders since it introduced GST in the Parliament’s central hall in an elaborate midnight function on June 30-July 1.
Earlier this week, the Indian government also started a series GST “masterclasses”, designed to resolve queries and clarifying any confusion or doubt regarding the Goods and Service Tax. These “masterclasses” are in the form of hour-long program conducted for six days. They are telecast live on the state run Doordarshan channel along with live webcasts. These series are basically held by Revenue Secretary Hasmukh Adhia with other senior government officials who’d be subject experts on the day’s topic.
GST is the most determined tax reform ever made by the Indian government since independence. GST is made after considering a dozen central and state taxes that were levied on goods and services before implementing this regime. GST is expected to add 2 per cent to India’s gross domestic product.
Here’s how You Can Download GST Rate Finder App
- If you are an Android mobile user, download the mobile application ‘GST Rate Finder’ from Play Store.
- Enter the name or chapter heading of the commodity or service in the search box.
- Goods and services will be presented as per your search.
- Now you can easily find the GST rate of a specific item by pressing on the item you are searching for.
- A new window will be displayed listing GST tax rates and also containing the account of goods or services and the chapter heading of the Harmonized System of Nomenclature (HSN).
The Central Board of Excise and Custom has also incorporated a tab known as ‘GST Rate Finder’ on its portal in the GST tab for those who want to find applicable GST rate on their supplies of goods and services. A taxpayer can look for applicable rates of Central, State, Union Territory GST and compensation cess on a supply.
So, what are you waiting for??? Download GST Rate Finder App today and upgrade your knowledge regarding the new tax regime. You can stay connected with us only at coolexample.in and get to know the daily scenario of the world.