CBIC develops GST Verify mobile app to protect interest of consumers
The Central Board of Indirect Taxes and Customs (CBIC) has developed mobile app ‘GST Verify’ to protect interest of consumers. It is android app to verify if the person collecting GST from consumer is eligible to collect it or not.
The app provides details of person or company collecting GST. It has been developed by B Raghu Kiran joint commissioner GST Hyderabad and can be used all across the country. It will allow customers to verify their bill if any GST amount mentioned is of genuinely registered person or not. This will help consumers to save the amount shown as tax from fraudster they are cheating them.
Central Board of Indirect Taxes and Customs (CBIC)
CBIC is the nodal national agency responsible for administering Customs, GST, Central Excise, Service Tax & Narcotics in India. It is part of the Department of Revenue under Union Ministry of Finance. It is headquartered in New Delhi.
It is one of the oldest government departments of India (established in 1855 by the then British Governor General of India, to administer customs laws in India and collection of import duties / land revenue). It was renamed to present name from Central Board of Excise & Customs (CBEC) in March 2017.
CBIC deals with tasks of formulation of policy concerning levy and collection of customs and central excise duties and service tax, prevention of smuggling and administration of matters relating to customs, central excise, service tax and narcotics. It is administrative authority for its subordinate organizations, including Central Excise and Service Tax Commissionerates, Custom Houses and Central Revenues Control Laboratory.
Month: Current Affairs - July, 2018