New Delhi: To facilitate users to find rates of GST for various goods and services, Union Finance Minister Arun Jaitley launched a mobile application “GST Rates Finder” in his chamber in the national capital yesterday. The application is now available on the android platform and will soon be available on iOS platform as well.
This mobile application helps users to find rates of GST for various goods and services. It can be downloaded on any smartphone and can work in offline mode, once downloaded. The user can know the GST rate for a good or a service by entering the name or chapter heading of the commodity or service. The search result will list all the goods and services containing the name which was typed in the search box.
The user can also scroll down the list of descriptions and, when a specific item on the list is clicked, the display window will pop-up, containing details such as GST rate, description of goods or services and the chapter heading of the Harmonised System of Nomenclature (HSN). A person who has been billed by a hotel or a restaurant or for footwear, for example, can cross-verify the correctness of the rate of GST charged.
The Central Board of Excise and Customs has also provided a GST rate finder on its portal to help taxpayers know the applicable GST rate on their supplies of goods and services. A taxpayer can search for the applicable CGST, SGST, UTGST rate and compensation cess on a supply. The search can be made based on the description of goods or services or the HSN chapter or section or heading number.
These initiatives are aimed to serve as a ready reckoner on GST rates. This is expected to empower not only the taxpayers but also every citizen of the nation, to ascertain the correct GST rate on goods and services.
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