Taxmann's GST Manual with GST Law Guide & Digest of Landmark Rulings

This book is a definitive, two-volume reference that comprehensively composes the most up-to-date, amended, and annotated texts of GST laws, rules, and notifications. This manual presents the full texts of key GST Acts and integrates a specially curated guide covering 25+ critical topics and a detailed section-wise digest of landmark judicial rulings.

This book is intended for the following audience:

• Tax & Legal Professionals – Those who require a complete and current understanding of GST legislation, rules, and case laws
• Accountants and Compliance Experts – Individuals responsible for GST compliance, invoicing, and financial reporting
• Government Officials & Policy Makers – Professionals who monitor and interpret changes in tax legislation and related notifications
• Corporate and Finance Teams – Teams seeking clarity on GST implementation and procedural nuances
• Academicians & Researchers – Scholars and students needing a detailed reference with annotated statutes and landmark rulings

The Present Publication is the 23^rd Budget 2025 Edition, updated till 1^st February 2025. This book is edited by Taxmann's Editorial Board, with the following noteworthy features:

• [Amended & Annotated Text] The manual includes the most recent, amended, and annotated texts of the GST Acts and Rules, ensuring that you always have access to accurate and updated legal provisions
• [Integrated Presentation] Each section of the GST Acts is accompanied by:
• Relevant Rules & Forms (with Action Points)
• Notifications enforcing the provisions
• Dates of Enforcement
• Allied Laws referenced within the section
• [Comprehensive Guide] A specially curated guide spanning over 380 pages and covering 25+ topics offers a clear and detailed explanation of GST concepts—from the taxable event and value of supply to reverse charge and e-way bills
• [Digest of Landmark Rulings] A section-wise digest compiles important judicial pronouncements, making it easy to understand the interpretation and practical application of GST laws
• [Error-free Commitment] Developed by Taxmann's Editorial Board, the manual follows a rigorous Six Sigma approach to achieve the benchmark of 'zero error', ensuring reliability and precision

The coverage of the book is as follows:

• A Comprehensive Guide to GST Laws (380+ pages covering 25+ topics)
• Acronyms in GST
• Introduction to GST
• Taxable Event in GST
• Value of Taxable Supply of Goods or Services (or both)
• Input Tax Credit (ITC)
• Place of Supply (for goods, services, and both domestic as well as export/import scenarios)
• Exports and Imports
• Time of Supply of Goods and Services
• Reverse Charge Mechanism
• Exemptions and Notifications
• Concessions for Small Enterprises
• Important Taxable Services
• Government Related Activities
• Basic Procedures in GST Compliance
• Tax Invoice, Credit and Debit Notes
• E-Way Bill for Transport of Goods
• Payment Procedures (Cash and through ITC)
• Returns, Assessments, and Audits
• Demands, Recovery, and Refunds
• Powers of GST Officers, Offences & Penalties
• Appeal, Revision, Prosecution, and Compounding
• Electronic Commerce & Miscellaneous Issues
• GST Compensation Cess
• Constitutional Background of GST
• Amended, Updated & Annotated Statutory Texts
• Central Goods & Services Tax Act, 2017 (including all related Removal of Difficulties Orders and allied texts)
• Integrated Goods & Services Tax Act, 2017
• Union Territory Goods & Services Tax Act, 2017 (with applicable Removal of Difficulties Orders)
• Goods & Services Tax (Compensation to States) Act, 2017
• GST Rules and Forms
• Central, Integrated, and Union Territory GST Rules, including specialized rules for regions like Andaman & Nicobar Islands, Chandigarh, Dadra & Nagar Haveli, Daman & Diu, and Lakshadweep
• GST Compensation Cess Rules and Settlement of Funds Rules
• Latest rules regarding appointments, service conditions, and tribunal reforms
• Notifications & Amendments
• Comprehensive listings of notifications issued under the CGST, IGST, and UTGST Acts, including rate notifications and notifications on compensation cess
• Judicial & Regulatory References
• Case Laws Digest – Section-wise and alphabetical keys to landmark rulings from the Supreme Court, High Courts, and other authorities
• CBIC's FAQs – Frequently asked questions for quick clarifications
• Circulars & Clarifications – Latest circulars to aid in the interpretation of GST provisions
• Constitutional Provisions – Detailed coverage of the Constitution (One Hundred and First Amendment) Act, 2016 and other related constitutional provisions

The structure of the book is as follows:

• Guide to GST Laws – A step-by-step explanation of key GST concepts and operational procedures
• Statutory Provisions – Full texts of GST Acts (Central, Integrated, Union Territory, and Compensation to States) are presented along with relevant removal of difficulties orders and allied legal texts
• GST Rules & Forms – Detailed rules, forms, and procedural guidelines necessary for compliance and implementation
• Notifications – A comprehensive compilation of notifications and amendments under various GST Acts, ensuring you stay current with legislative changes
• Judicial Digest – An organized digest of landmark rulings that provides valuable insights into the judicial interpretation of GST laws
• Additional Resources – Sections dedicated to CBIC FAQs, circulars, clarifications, and constitutional provisions that impact GST