About FAQ On GST in All Languages
This android app contains FAQ in all regional and national language of India as brief mentioned below :
Frequently Asked Questions (FAQs) on Goods and Services Tax (GST)
Q. What is GST?
A. GST stands for Goods and Services Tax. GST will be a single destination based consumption
tax that will replace existing taxes, including CENVAT, Octroi, Sales Tax, and Excise Duty, etc.
Unlike the old tax structure, where the state of origin received tax revenue, in the new GST
model the state in which goods and services are consumed is the state that will receive the
revenue.
Q. What will trigger GST?
A. The ‘supply’ of goods and/or services to any person or entity in India.
Q. What does ‘supply’ mean?
A. The sale, transfer, barter, exchange, license, rental, lease or disposal of goods and services.
Q. What are the types of GST?
A. CGST: Central Goods and Services Tax, paid on all transactions, collected by the Center
SGST: State Goods and Services Tax, paid on all transactions within a State, collected by the
States
IGST: Integrated Goods and Services Tax, paid on all inter-state transactions, or import of goods
into India, collected by the Center
Q. When will GST come into effect?
A. The expected GST introduction date is July 1, 2017.
Q. How will I pay GST?
A. GST will be managed through the GST Network, GSTN – http://gstn.org/. All taxes will be
paid online and there will be no manual filing of returns. Post generation of challan online, you
can pay GST by one of the following modes – Axis Debit/credit card, Axis Internet Banking or
cash/cheque at any Axis Bank branch.
Q. What are the taxes proposed to be subsumed under GST?
These are the example of questions which contains this android apps .