GST Rate Finder: Government launches app to check rates. This app can end confusion around multiple tax rates


The government has launched an app called GST Rate Finder
The app is now available on Android platform and will soon be offered on Apple’s iOS also
Finance Minister Arun Jaitley getting hands-on with the GST app

The government on Friday launched an app called GST Rate Finder– which as the name suggests is your ready reckoner for all the tax rates that are to be levied under the GST (Goods and Services Tax) regime. The app has been developed by the Central Board of Excise and Custom (CBEC).

“First app of its kind which would be a ready reckoner for public, for customers, for consumers, traders, students, anyone who wishes to have very handily (GST) rates available. So, if you are in a market, a restaurant or anywhere you can easily check what the (GST) rate is,” CBEC chairperson Vanaja Sarna said.

To find out the required tax rate:
1. Enter the name or chapter heading of the commodity or service in the search box provided
2. Search result will list all the goods and services containing the name which was typed in the search box
3. Scroll down the list of description
4. Click on any specific item on the list. A display window will pop-up, containing details such as the GST rate, description of goods or services and the chapter heading of the Harmonised System of Nomenclature (HSN).
For example, any person who has been billed by a hotel or a restaurant or for footwear can cross verify the correctness of the rate of GST charged.
Users can download the app on any smartphone. GST Rate Finder app can be used in offline mode, once downloaded.

Download Now


GST – Tax Refund Scheme of units located in Central Excise Exempt Zones

Certain manufacturing units located in states like Himachal, Uttarakhand, Jammu & Kashmir and north eastern states had been availing of exemption from Central Excise Duty on manufactured goods.

With the implementation of GST the exemption does not continue and it was announced that refund scheme with budgetary support would be extended by the Central Government to these units for the unavailed period of financial incentives.

It is now learnt that a draft scheme has been formulated which provides that

Ø The eligible unit shall first utilize the input tax credit of Central Tax or Integrated tax and the balance liability if any shall be paid through debit in cash ledger.

Ø Budgetary support would be given to the extent of

(a) 58 % of the CGST paid through debit in cash ledger.

(b) 29% of the IGST paid through debit through Cash ledger.

The 58% / 29% refund of CGST / IGST on intra State / Inter State sale respectively is based on the share of the revenue that accrues to the Central Government.

We shall update soon after the notification is issued.

GST – MRP labeling of goods in stock manufactured prior to July 1,2017

The Department of Consumer Affairs has allowed change in MRP on unsold stock as on June 30, 2017 vide Communication Reference WM-10(31)/2017 dated July 4, 2017.
Manufacturers or packers or importers of pre-packaged commodities may declare the change retail sale price (MRP) on the unsold stock manufactured/ packed/ imported prior to 1st July, 2017 after inclusion of the increased amount of tax due to GST if any, in addition to the existing retail sale price (MRP), for three months. Declaration of the changed retail sale price (MRP) shall be made by way of stamping or putting sticker or online printing, as the case may be, after complying with the following conditions:

(i) The difference between the retail sale price originally printed on the package and the revised pride shall not, in any case, be higher than the extent of increase in the tax if any, or in the case of imposition of fresh tax, such fresh tax, on account of implementation of GST Act and Rules.

(ii) The original MRP shall continue to be displayed and the revised price shall not overwrite on it.

(iii) Manufacturers or packers or importers shall make at least two advertisements in one or more newspapers in this regard and also by circulation of notices to the dealers and to the Director of Legal Metrology in the Central Government and Controllers of Legal Metrology in the States and Union Territories, indicating the change in the price of such packages.

It is also clarified that ‘for reducing the Maximum Retail Price (MRP), a sticker with the revised lower MRP (inclusive of all taxes) may be affixed and the same shall not cover the MRP declaration made by the manufacturer or the packer, as the case may be, on the label of the package’.

Use of unexhausted packaging material/wrapper has also been allowed, after making the necessary corrections.

This is permitted for the period till 30th September 2017.

Click to download the Communication Reference WM-10(31)/2017 dated July 4, 2017 of the Department of Consumer Affairs

Click to download the Press Release on change in MRP on unsold stock prior to implementation of GST