'GST App' Launched, Helps To Find Correct Prices

Posted July 11, 2017

"The decision was unanimous to introduce GST as a subject in commerce as well as management courses in universities", said Deputy Chief Minister Dinesh Sharma.

"But if the supply is composite, which means that the goods can not be segregated or sold discreetly then the product with highest taxable rate will be considered and that would be the tax levied on the entire bundle", he informed.Zanwar also unravelled the process further and discussed about attractive schemes launched by the government.

First Download the App from Playstore on Android Mobile Phones. The Finance Minister tweeted saying that the manufacturers will soon make it available for the iOS platform also. It will work even in the offline mode.

Goods and Services Tax has come hard on the common man and prices of most of the commodities we buy for our basic necessities have shot up.

The ministry said if the GST rate on sanitary napkins was to be reduced from 12% to 5%, it would further accentuate the tax inversion and result in a higher accumulated ITC, with correspondingly higher financial costs on account of fund blockage and associated administrative cost of refunds.

Plane returns to Seattle after assault on flight attendant
A physical altercation ensued between Hudek and two flight attendants, one of whom he punched in the face at least two times . Federal Bureau of Investigation and Sea-Tac officials said the incident is not thought to be a national security threat.

Tesla Making World's Largest Lithium Ion Battery for Australia
Innovative US carmaker Tesla Motors has agreed to deal with an Australian state to build the world's largest lithium ion battery. While the pioneering project promises to alleviate some of SA's energy woes, the big unknown at this stage is cost.

Lay off honest Tomic, Wilander says
He claims he wants to play for 10 more years in order to earn enough money so he would never have to work again after that. The cheeky jibe came from American Coco Vandeweghe, who has recently enlisted Australian Cash to help guide her career.

Before the launch, Hasmukh Adhia is the Revenue Secretary, and the Arun Jaitley who is the Finance Minister checked the mobile app.

They can search for applicable CGST, SGST, UTGST rate and Compensation Cess on a supply.

"From an MSME perspective, GST will bring many positives compared to the current systems such as easy process of availing input credit, single point tax, elimination of cascading tax system, and simpler taxation", according to the ASSOCHAM and Ashvin Parekh Advisory Services (APAS) joint study titled Emerging Mantras for Bankers-Borrowers. Here the steps to find GST rates levied on various goods and services.

Searched items will list all the goods and services containing the name which was typed in search box. This tool will empower the taxpayers to know the correct GST rates on goods and services. Furthermore, the app is developed by National Informatics Center, India and offered by NIC India Board of Exercise and Customs (CBEC).