Handbook of GST Procedure, Commentary and Rates, 7e

About the book and key features This book comprehensively discusses various provisions, procedures and compliances prescribed under the GST Laws. It is a very useful handbook for professionals, corporates and regulators, as all the provisions have been explained in a lucid manner. The book has been divided into three parts. Part A: Important Reference Tables Part B: Commentary (Detailed analysis of provisions of GST through illustrations, tables and graphs) Part C: GST Rates (Comprises of upto date list of GST rates on goods and services) Highlights - Important reference tables containing compliance chart with limitation periods, non-creditable supplies, penalties and offences, etc covering the vital provisions under the GST law - Detailed commentary on GST provisions through illustrations/ tables/graphs - Upto-date HSN Code-wise rates and exemptions in GST – Goods and Services along with scheme of classification of services and the corresponding explanatory notes - Free online access to GST Laws for the readers Dedication About the authors Preface Contents at a glance Table of contents Table of cases The Finance Act, 2021 (Relevant GST related extracts) Part A: Important Reference Tables A1 Tariff Notifications issued under GST A2 Non-Tariff Notifications under GST A3 Orders issued under GST A4 Circular and clarifications issued under GST A5 Compliance Chart with Limitation Periods under GST A6 Reverse Charge under GST A7 Compliance due dates under GST with extensions and Covid-19 related Relaxations A8 Non-Creditable Goods/Services and Supplies under GST A9 Interest, Penalties and Offences A10 State Codes A11 Port Codes A12 SEZ – List of Services recognized for authorised operations Part B: Commentary B1 GST – Concept, Features, Advantages and Constitutional Amendment B2 Taxes or Duties subsumed in the GST B3 GST Council & its functions B4 Steps to determine liability under GST and key definitions B5 Supply – Meaning and Scope B6 Time and Value of Supply B7 Concept of IGST – Inter-State Supply and Intra-State Supply B10 Reverse Charge and Deemed Suppliers under section 9(5) B11 Input Tax Credit and Input Service Distributor B12 Composition levy B13 Job Worker, Casual Taxable Person & Non-resident Taxable Person & Corporate Debtors B14 E-commerce, TCS & supply of online data – special provisions B15 Registration, Amendment and Cancellation B16 Returns under the GST B18 Tax Deduction at Source B19 Refund B20 Invoice, Accounts and Records B21 Assessment, audit & determination of tax B22 Collection of Tax & Recovery and Liability in certain cases B23 Inspection, Search & Survey B24 Inspection of Goods in Movement, Confiscation and E-way Bill B25 Penalties and Prosecution B26 Appeal, Advance Ruling and Anti-profiteering Provisions B27 Transitional Provisions B28 Miscellaneous Provisions Part C: GTS rates C1 GST Rates on Goods as on 1 July 2021 C2 Exemptions in the GST – Goods as on 1 July 2021 C3 GST Rates on Services as on 1 July 2021 C4 Exemptions in the GST – Services as on 1 July 2021 C5 Rates of Compensation Cess as on 1 July 2021 Free online services and Updates