The app, available on the Android platform, helps users find out rates of GST for various goods and services. It will be of a great help for users who want to know different rates for various goods and services under GST regime.
At present mobile app can be downloaded from Google Playstore and later on iOS platoform as well.
The app is now available on Android platform but soon will be launched on Apple's iOS store.
The app also works in offline mode. Central Board of Direct Taxes has also made this facility available on its website http://cbec-gst.gov.in. The Ministry further elaborated that using the app a taxpayer can search for applicable CGST, SGST, UTGST rate and compensation cess on a supply under the new indirect tax regime.
The central government has said the new MRP on products manufactured, packed or imported before July 1 should take into consideration extra availability of input tax credit under GST.
CBEC has launched the GST rates mobile app with the key goal of facilitating the ease of doing business in India initiative. "Now find out the correct rate of #GST on goods & services through a mobile app launched by @FinMinIndia", Union Minister Ravi Shankar Prasad tweeted.
Searched items will list all the goods and services containing the name which was typed in search box.
Once downloaded, you will be able to see three catogories namely ' TAX rates: Goods", "TAX rates: Services' and Information @CBEC.
It also contains the description of goods or services and the chapter heading of the Harmonised System of Nomenclature (HSN). "These initiatives are aimed to serve as a ready reckoner on GST rates".
Prime Minister Narendra Modi had termed the GST as a good and simple tax which will end harassment of traders and small businesses while integrating India into one market with one tax rate.
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