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The revenue department today started a new twitter handle to answer industry queries related to the new indirect tax regime.
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Traders and industry can ask questions on the twitter handle ‘@askGST_GoI’ and officials from Central Board of Excise and Customs (CBEC) will answer them.
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The GST Council, headed by Union Finance Minister and comprising state counterparts, had earlier this month decided on fitment of over 1,200 commodities and 500 services in various tax slabs.
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They have been classified in four tier slab — 5, 12, 18 and 28 per cent.
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Further, the council has approved a set of seven of Goods and Services Tax (GST) rules and few more would be cleared in the next meeting on June 3.
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The GST will unify 16 different levies and transform India into a single market for seamless movement of goods and services. Government plans to roll out GST from July 1.
Source: http://bit.ly/2rAAnfm