Central Government on Friday launched an app named GST Rate Finder to help consumers in finding the accurate tax rate of different commodities. An IOS version is aimed to be launched soon.
What is GST Rate Finder ?
Central Board of Excise and Customs under Ministry of Finance launched an app named GST Rate Finder on Friday to help consumers in finding the tax rate of different commodities. This is done in order to help the consumers so that they don’t find trouble in daily work. The App was launched by Finance Minister Arun Jaitley and is now listed on Google Play for android users. The section of GST Rate Finder is also uploaded on the website of Central Board of Excise and Customs (CBEC). One can visit here to find the GST tax rate on online portal.
How will it Work?
The App will work both in online and offline condition. You need to simply enter the HSN Chapter in order to find the tax slab in different conditions like CGST, SGST, IGST and UTGST.
Based on where you are situated and type of commodity, the required tax rate will be displayed including cess or other kind of special tax, if levied. One can also type the commodity name to know the tax slab. This will definitely help the consumers as there is lot of confusion regarding the exact rates.
The center has also ensured that it will launching the IOS version of the app in a short time following the demand from the IOS users. One can download the android version of the app from Google Play. You can search your commodity’s rate by typing the HSN code or commodity name in the search box. The search result will help you in finding the appropriate tax rate of the commodity you searched for.
GST was launched by the government on July 01, 2017 midnight which is the biggest tax reform in India’s history. People have been in confusion and little difficulty following the implementation of GST and that is the reason why government has launched this app.