GST (goods and services tax ) is biggest reform in india after independence in india.
The following are the salient features of the proposed pan-India Goods and Services Tax regime that was approved by the Lok Sabha by way of an amendment to the Constitution:
1. GST, or Goods and Services Tax, will subsume central indirect taxes like excise duty, countervailing duty and service tax, as also state levies like value added tax, octroi and entry tax, luxury tax.
2. The final consumer will bear only the GST charged by the last dealer in the supply chain, with set-off benefits at all the previous stages.
3. As a measure of support for the states, petroleum products, alcohol for human consumption and tobacco have been kept out of the purview of the GST.
4. It will have two components - Central GST levied by the Centre and State GST levied by the states.
5. However, only the Centre may levy and collect GST on supplies in the course of inter-state trade or commerce. The tax collected would be divided between the Centre and the states in a manner to be provided by parliament, on the recommendations of the GST Council.
7. The GST Council is to consist of the union finance minister as chairman, the union minister of state of finance and the finance minister of each state.
8. The bill proposes an additional tax not exceeding 1% on inter-state trade in goods, to be levied and collected by the Centre to compensate the states for two years, or as recommended by the GST Council, for losses resulting from implementing the GST.
Offline GST Act App- Offline access to GST India Acts or GST Bill/GST law (CGST,
IGST)
. GST Articles- Exclusive Articles by top experts from all over India on GST India provisions.
. GST Query- One stop destination to get all your GST queries answered.
. GST News- news/updates on GST Tax Act and official changes as introduced
by CBEC in India.
. GST Notifications and Circulars- Latest GST notifications and circulars on CGST, IGST,
SGST and UTGST
. HSN Code search and SAC code search- Covers exhaustive list of all HSN and SAC
codes
. GST FAQ in different languages.
. GST Quiz- GST Quiz with various prizes are announced by us from time to time
. GST Format- GST Invoice format, GST payment and other GST formats covered by us.
GST rates, GST notifications and HSN Code search have been made available in the latest version of the GST App. The HSN Code search feature works in offline mode as well and the GST Notifications and Circulars are updated by us in real time.
We have also incorporated rates- GST Rates of Goods and GST rate list of services for all items. This is an exhaustive list for the rates. Such rates have been decided by the GST Council.
The Goods and Services Tax Bill or GST Bill proposes a one-tax-regime for Indirect tax in India. GSTN has shortlisted various companies to act as GST Suvidha providers like tally solutions, karvy data management services, taxman publication. Out of the big 4 consisting of Deloitte, Ernst and Young , PWC and Deloitte- Deloitte and E&Y have been shortlisted as GST suvidha providers to ease the transition process to the new tax regime.
We will soon be incorporating features for GST enrolment/enrollment or registration, GST calculator- the calculator would include the different rates for various items, GST refund help, GST tally or accounting integration and GST faq in hindi. Other features like login access, GST game, helpline number, support for languages like hindi, gujarati, , marathi,bengali, punjabi, tamil, telgu will be incorporated to act as a complete GST guide/club and connect for users all over India. This GST India Act or Taxes App acts a one stop GST helpline or software for all users . It is one of the top tax app in India incorporating Gst model law or bill as made available by CBEC. The GST calculator will make it the only app to include all resources required by a GST professional and to act as the one stop helpline for all things GST.
This version of GST Bill India 2017 Android App comes with one universal variant which will work on all the Android devices.
If you are looking to download other versions of GST Bill India 2017 Android App, We have 1 version in our database. Please select one of them below to download.