Business

Government Launches Mobile App To Find GST Rates

न्यूज़ वर्ल्ड इंडिया | 0
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| July 8 , 2017 , 14:58 IST

The Central Board of Excise and Customs (CBEC) has launched a mobile app in an effort to clear the doubts and confusion surrounding the new Goods and Services Tax.

Ever since the Goods and Services Tax was launched by the central government in the mid-night session of Parliament on June 30, the market has been in turmoil. Despite government’s efforts to aware the people, neither the traders nor customers knew about the implications of the new taxing system when July 1 hit.

In a more innovative and people-friendly approach to informing the public, the government has now launched a mobile app that can tell the GST rates of any product in the market.

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Currently, the ‘GST Rate Finder’ mobile app is only available for Android users; however, the app is soon to be available on iOS platform as well. The GST app can be downloaded on any android based smartphone and can also work offline.

This app can determine GST rate for any good or service in the market just by entering the name or chapter heading the commodity or service.

After Finance Minister Arun Jaitley launched the app, the official handle of Finance Ministry tweeted, “CBEC takes certain initiatives for Ease of Doing Business under GST; FM @arujaitley launches App “GST Rates Finder”.

Union Minister Ravi Shankar also tweeted, “Now find out the correct rate of #GST on goods & services through a mobile app launched by @FinMinIndia.”

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GST was rolled out on July 1 in a preceding midnight session of Parliament attended by the President, Vice President and the Prime Minister of the country.

Although GST is highly criticised by the Congress and some other opposition parties, it didn’t hold Prime Minister Narendra Modi from publically defending the law. The Prime Minister termed the GST as a good and simple tax which will end trader’s harassment while integrating India into a single market with one tax rate.