Government launches 'GST Rates Finder' App To Know New Tax Rates

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Mumbai: Finance Ministry has launched 'GST Rates Finder' mobile app with an aim to ease the entire process of filing of the Good and Services Tax.

Government has launched an App - GST Rates Finder to verify the accurate tax rate on commodity and services under the Goods and Services Tax (GST) regime.

Finance Ministry said, this mobile app can be downloaded on any smart phone and can work in offline mode, once downloaded.

The facility would be available for free to small businesses, traders and entrepreneurs to achieve a seamless transition to GST and queries can be posted on EY India Tax Insights App, DigiGST website and EY_India on Twitter.

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The Irrigation Department is working out plans to brace up the additional burden on the ongoing projects owing to the implementation of Goods and Services Tax (GST) regime. At a gala event to launch the Goods and Services Tax (GST) at the historic Central Hall of Parliament, Modi had said the indirect tax reform is a result of combined efforts of various political parties at different points of time. "Inquiry the whole list or respective categories of charges for Goods and Services". "Now find out the correct rate of #GST on goods & services through a mobile app launched by @FinMinIndia", Union Minister Ravi Shankar Prasad tweeted.

Click the products name emerged in the list, the tax rate will appear. At the portal, a taxpayer can search for applicable CGST, SGST, UTGST rate and the Compensation Cess on a particular supply. The search can be made based on description of goods or services or HSN Chapter or section or heading number. "These initiatives are aimed to serve as a ready reckoner on GST rates".

"Following an extensive research, the report concludes that less than half the population of India; 45 per cent to be precise, is aware of the new tax system".

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