Centre 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 launched the app in New Delhi.
Through this app, user can determine GST rate by entering the name 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. A taxpayer can search for applicable CGST, SGST, UTGST rate and Compensation Cess on a supply. This mobile app can be downloaded on any smartphone and can work in offline mode, once downloaded.
Important Takeaways from Above News-
- GST council is headed by Finance Minister of India Mr. Arun Jaitley.
Source- The Hindu