Entertaiment

Central Board of Excise and Custom (CBEC) launches GST Rate Finder app

Central Board of Excise and Custom (CBEC) launches GST Rate Finder app”

Amritsar, July 9Rajya Sabha MP Shwait Malik has appealed to traders to call off their strike and said the Goods and Services Tax (GST) would ultimately strengthen the economy.

Fund Minister Arun Jaitley propelled GST Rate Finder Mobile App and online interface cbec-gst.gov.in to check precise expense rates.

GST Rate Finder app of CBEC is available on google play store. ioS version will be launched shortly.

There are more than 1,250 goods and services in country that have been put under 0 per cent, 3 per cent, 5 per cent, 12 per cent, 18 per cent and 28 per cent tax slabs.

For example, any person who has been billed by a hotel or a restaurant or for footwear purchase can cross-verify the correctness of the rate of GST charged.

A tax payer can search for applicable CGST, SGST, UTGST rate and Compensation Cess on a supply. Once the GST Rate Finder app has been installed on your handset then it can be used in offline mode as well. It also revealed that using this application, the user can find out the GST rate for a good or a service by filling the name or chapter heading of the service or commodity. Union Minister Ravi Shankar Prasad tweeted. "Inquiry the whole list or respective categories of charges for Goods and Services".

Immediately the list of all the goods and services containing the name which has been typed in the search box.

The ministry added that besides the "GST Rates Finder" mobile app, the users have an option to visit the Central Board of Excise and Customs (CBEC) website to get information about different rates of GST. "These initiatives are aimed to serve as a ready reckoner on GST rates".

It also contains the description of goods or services and the chapter heading of the Harmonised System of Nomenclature (HSN).

On July 1, India implemented Goods and Services Tax - a first of a kind for the nation.



Like this

Latest


09 July 2017
The Samsung Galaxy S8 Mini rumored to be in the works
Samsung Pay Mini is a lighter version of the company's Pay mobile payments service platform which was launched earlier. As we mentioned, the Samsung Galaxy On Max will be available via Flipkart , where it is listed as "coming soon" .

09 July 2017
Chelsea Facing Striker Crisis as Diego Costa Set for Exit
The photo Costa uploaded was with Brazilian compatriot Petros Araujo who plays for Sao Paulo and has no connection with Besiktas . In fact, Diego Costa has been directly involved in 68 goals in 89 Premier League games for Chelsea .

09 July 2017
Kentavious Caldwell-Pope now unrestricted as Pistons renounce rights
The escalation of the Pistons' payroll would've made it impossible for them to match an offer sheet without shedding contracts. They accomplish that by swapping Bradley for Morris, but in helping the Celtics , the Pistons also helped themselves.

08 July 2017
Bethanie Mattek-Sands Suffers Brutal Knee Injury, Screams 'Help Me!' on Court
Cirstea told BBC News that she had never seen such an injury . "And, yeah, I panicked a little bit, as well", Cirstea said. She is now the No. 1 women's doubles tennis player in the world, which further adds to the cruelty of this injury.

05 July 2017
Tour de France: Démare wins sprint as Cavendish crashes
The 50 points for winning also put him in contention to claim the green jersey for sprinters. Information from The Associated Press was used in this story .

05 July 2017
Spider-Man: Homecoming VR experience is now available
This created an opportunity for Marvel Studios to bring Spider-Man into the Marvel Cinematic Universe (MCU). Watts revealed the advice he received from Marc Webb, who worked on the two The Amazing Spider-Man movies.

05 July 2017
Sacramento Kings Sign Zach Randolph To Two-Year Deal
The Kings have only rookie point guards De'Aaron Fox and Frank Mason III on their roster and coveted a veteran to put with them. He was moved into a sixth man role last season by new coach David Fizdale and averaged 14.1 points and 8.2 rebounds.

03 July 2017
Andromeda Will Not Get Single-Player DLC
BioWare and EA have denied the claims of a company saying Mass Effect: Andromeda DLC it has been working on was cancelled. It's also been said that the series has been put on hold for now too...

02 July 2017
Far-right French leader Marine Le Pen charged in European Union funding scandal
The formal investigation of Le Pen comes less than two weeks after she won a seat in the French National Assembly. Her estranged father and FN party founder Jean-Marie Le Pen is also under investigation.

30 June 2017
Walgreens buying 2186 Rite Aid stores but abandons acquisition; Fred's deal off
Public Employees Retirement System of OH raised its stake in shares of Rite Aid Corporation by 1.4% in the first quarter. It operates approximately 4,560 stores in over 30 states across the country and in the District of Columbia.



Recommended