Goods and Services Tax - Law, Practice and Procedures

Goods and Services Tax – Law, Practice and Procedures, Third Edition is a continuation of two editions – GST Concepts and Roadmap and Master Guide to Goods and Services Tax. This edition has been thoroughly revised and updated in accordance with the provisions of the CGST/IGST/UTGST and GST (Compensation to States) Acts implemented from 1 July, 2017 and covers Notifications, Rules issued thereafter upto 31 August, 2017. It comprehensively analyses the provisions of Indian GST Legislations as applicable from 1 July 2017. This book is a must read for every Tax Professional, Tax Lawyer and Tax Administrator.

Salient Features:-

• Elucidates the basic concept of GST in a simplified and lucid manner
• Deeply analyses the provisions of CGST/IGST/UTGST and GST (Compensation to States) Acts, 2017
• Significantly covers the concept of Supply (Triggers Levy), Time of Supply (Point of Taxation), Place of Supply (Place of Consumption)
• Discusses Composition provisions, Valuation principles in line with the latest provisions and Rules
• Appropriate Guidance on Anti-Profiteering measures as provided in Section 171 of the CGST Act, 2017
• Discusses the procedures of GST like Registration, Return, Payment, Invoice and Refund in line with Rules
• Summarises the flow of seamless Input Tax Credit in line with Input Tax Credit provisions and the Rules
• Separate chapter on Transition provisions covering the relevant provisions and Rules for smooth transition
• 650 FAQs and 74 Illustrations are added at the end of relevant chapters providing practical guidance on the working of the laws