FreeCurrencyRates.com

इंडियन आवाज़     16 Dec 2017 01:10:13      انڈین آواز
Ad

Govt Launches App to Verify Tax Rate under GST

The Goods and Services Tax or GST  has become operation from 1st of July, and it is believed to revolutionize the way of doing business and and paying  taxes. But what is GST and how will it reform the current tax structure? And most importantly, why does the country need such a huge overhaul in its taxation policies?  here is answer of some question concerning the new tax law – AMN

AMN

GST 2Government 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 Minister Arun Jaitley yesterday launched the app in New Delhi which will empower not only the taxpayers, but every citizen of the nation, to ascertain the correct GST rate on goods and services.

Through this app, user can determine GST rate by entering the name of the commodity or service. The Ministry said, the search result will list all the Goods and Services containing the name which was typed in the search box. A taxpayer can search for applicable CGST, SGST, UTGST rate and Compensation Cess on a supply.

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

FOLLOW INDIAN AWAAZ ON TWITTER

The application has been launched on Android platform, and will soon be available on iOS platform. The Ministry said, Central Board of Excise and Customs (CBEC) has taken these initiatives for ease of doing business under the GST regime. CBEC has also provided a GST rate finder on its portal – cbec-gst.gov.in to help taxpayers know applicable GST rate on their supplies.

Follow and like us:
20

Leave a Reply

You have to agree to the comment policy.

Ad
Ad
Ad
Ad

SPORTS

Commonwealth Secretary General Scotland calls on Rajyavardhan Rathore in New Delhi

Commonwealth Secretary General, Patricia Janet Scotland called on Minister of Youth Affairs and Sports, Colone ...

Roger Federer named BBC overseas sports personality of the year

Roger Federer has been voted BBC overseas sports personality of the year for a record fourth time. The hono ...

Ad

Archive

December 2017
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031

OPEN HOUSE

Mallya case: India gives fresh set of documents to UK

AMN India has given a fresh set of papers to the UK in the extradition case of businessman Vijay Mallya. Ex ...

@Powered By: Logicsart

Help us, spread the word about INDIAN AWAAZ

RSS99
Follow by Email20
Facebook210
Facebook
Google+
http://theindianawaaz.com/govt-launches-app-to-verify-tax-rate-under-gst">
LINKEDIN