Government launches 'GST Rates Finder' app for consumers
Ministry of Finance launched an app – GST Rates Finder – on Friday to allow consumers verify the accurate tax rate on commodity and services under the Goods and Services Tax (GST) regime. The application has been launched on Android platform, and is expected to be unveiled for iOS users shortly. GST Rates Finder app would also work in offline mode, once downloaded on the smartphones by the users. Apart from the mobile application, the ‘GST Rates Finder’ section has been uploaded on the online portal cbec-gst.gov.in to help taxpayers know applicable GST rate on their supplies. “A taxpayer can search for applicable CGST, SGST, UTGST rate and Compensation Cess on a 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,” the Ministry of Finance said in a series of tweets through the official handle. Mobile app “GST Rates ...