Finance Minister Arun Jaitley launches 'GST Rates Finder' mobile app
Finance Ministry says app would help users to find different rates of GST for various goods & services.
Mumbai: Finance Minister Arun Jaitley has launched a 'GST Rates Finder' mobile app using which those who are liable to pay Goods and Services Tax or GST can search for different tax rates.
The mobile app could be downloaded from Google Playstore, tweeted IT Minister Ravi Shankar Prasad. "Mobile app 'GST Rates Finder' is available on android platform and will soon be available on iOS platform," Finance Ministry said in a tweet.
The mobile app can be downloaded on any smartphone and can also work in offline mode, Fin Min informed. "Through this app, user can determine GST rate for a good or a service by entering the name or chapter heading of the commodity or service," it further said.
Apart from the 'GST Rates Finder' mobile app, users can also log on to Central Board of Excise and Customs website to know different rates of GST as CBEC "has also provided a GST rate finder on its portal http://cbec-gst.gov.in to help taxpayers know applicable GST rate on their supplies", the ministry added.
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 search can be made based on description of goods or services or HSN Chapter or section or heading number," the ministry said while adding that the launch of GST Rates Finder app would serve as a ready reckoner on GST rates.
The GST Rates Finder mobile app is touted by the ministry as a tool to empower not only the taxpayers but every citizen of the nation to "ascertain the correct GST rate on goods and services".
The launch of the GST rates mobile app by CBEC was done with a sole purpose of facilitating the ease of doing business in India initiative, Finance Ministry added.