"The introduction of Goods and Services Tax (GST) would be a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and State taxes into a single tax, it would mitigate cascading or double taxation in a major way and pave the way for a common national market. From the consumer point of view, the biggest advantage would be in terms of a reduction in the overall tax burden on goods, which is currently estimated to be around 25% - 30%. Introduction of GST would also make Indian products competitive in the domestic and international markets. Studies show that this would have a boosting impact on economic growth. Last but not the least, this tax, because of its transparent and self policing character, would be easier to administer."
(Referenced from http://www.cbec.gov.in/resources//htdocs-cbec/gst/gst-concept-status-ason01052017.pdf).
This application enables you to check for GST rates for any of goods and categories on the go. It is very useful for businessmen, common citizens, people dealing in finance etc.
Functionalities
1- Check rates Chapter wise.
2- Check rates percentage wise.
3- Continue Reading from where you left.
Tags -
#GST
#GST Rates
#GST Info
#GST Details
#GST tax
#GST Application
#GST India
Note - All the information is fetched from government website. It is just presented in more better manner.
This version of GST Rates Update Android App comes with one universal variant which will work on all the Android devices.
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