Taxmann's GST Acts with Rules & Forms

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Publisher : Taxmann Publications Private Limited
ISBN 13 : 9357783547
Total Pages : 15 pages
Book Rating : 4.3/5 (577 download)

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Book Synopsis Taxmann's GST Acts with Rules & Forms by : Taxmann

Download or read book Taxmann's GST Acts with Rules & Forms written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-03-14 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains Amended, Updated & Annotated text of the following GST Act(s) & GST Rules: • Central Goods & Services Tax (CGST) • Act • Rules as amended by the CGST (Second Amendment) Rules, 2023 • Integrated Goods & Services Tax (IGST) • Act • Rules • Union Territories Goods & Services Tax (UTGST) • Act • 5+ Rules • Goods & Services Tax (Compensation to States) • Act • Goods & Services Tax Compensation Cess Rules • 5+ Other Rules What sets it apart is the Annotation under each Section, which shows: • Relevant Rules framed under the relevant Section • Reference to Relevant Forms prescribed • Date of enforcement of provisions • Reference to Relevant Notifications & Circulars • Allied Laws referred to in the Section The readers also get a specially curated GST Guide along with the above. The Present Publication is the 11th Edition & amended by the Finance Act 2024 and updated till 22nd February 2024. This book is edited by Taxmann's Editorial Board, with the following noteworthy features: • [Taxmann's series of Bestseller Books] on GST Laws • [Follows the Six-Sigma Approach] to achieve the benchmark of 'zero error' The contents of the book are as follows: • Specially curated Guide to GST Laws • List of Forms • Amended, Updated & Annotated Text [along with Subject Index & Validation Provisions] of the following: o Central Goods & Service Tax Act, 2017 [including CGST (Removal of Difficulties) Orders & Text of provisions of Allied Acts referred to in CGST Act] o Integrated Goods & Service Tax Act, 2017 o Union Territories Goods & Service Tax Act, 2017 o Goods & Services (Compensation to States) Act, 2017 • GST Rules and Forms o Central Goods & Service Tax Rules, 2017 o Integrated Goods & Service Tax Rules, 2017 o Goods and Services Tax Compensation Cess Rules, 2017 o Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022 o Union Territories Goods & Service Tax Rules, 2017, including: § Union Territory Goods and Services Tax (Andaman and Nicobar Islands) Rules, 2017 § Union Territory Goods and Services Tax (Chandigarh) Rules, 2017 § Union Territory Goods and Services Tax (Dadra and Nagar Haveli) Rules, 2017 § Union Territory Goods and Services Tax (Daman and Diu) Rules, 2017 § Union Territory Goods and Services Tax (Lakshadweep) Rules, 2017 o Goods and Services Tax Settlement of Funds Rules, 2017 o Goods and Services Tax Appellate Tribunal (Appointment and Conditions of Service of President and Members) Rules, 2019 o National Anti-Profiteering Authority: Procedure and Methodology o Tribunal Reforms Act, 2021 o Conditions of Service of Chairperson and Members of Tribunals, Appellate Tribunals and Other Authorities o Tribunal (Conditions of Service) Rules, 2021

Taxmann's GST Acts with Rules & Forms [Bare Act] – Authoritative Text of the Amended GST Acts & Rules—CGST | IGST | UTGST & GST (Compensation to States) with Forms & Annotations

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Author :
Publisher : Taxmann Publications Private Limited
ISBN 13 : 9364552660
Total Pages : 15 pages
Book Rating : 4.3/5 (645 download)

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Book Synopsis Taxmann's GST Acts with Rules & Forms [Bare Act] – Authoritative Text of the Amended GST Acts & Rules—CGST | IGST | UTGST & GST (Compensation to States) with Forms & Annotations by : Taxmann

Download or read book Taxmann's GST Acts with Rules & Forms [Bare Act] – Authoritative Text of the Amended GST Acts & Rules—CGST | IGST | UTGST & GST (Compensation to States) with Forms & Annotations written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-10-29 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains Amended, Updated & Annotated text of the following GST Acts & Rules: • Central Goods & Services Tax (CGST) o Act o Rules (as amended by the CGST (Second Amendment) Rules, 2024) • Integrated Goods & Services Tax (IGST) o Act o Rules • Union Territories Goods & Services Tax (UTGST) o Act • Goods & Services Tax (Compensation to States) o Act o Goods & Services Tax Compensation Cess Rules • 10+ Other Rules & Forms What sets it apart is the Annotation under each Section, which shows: • Relevant Rules framed under the relevant Section • Reference to Relevant Forms prescribed • Date of enforcement of provisions • Reference to Relevant Notifications • Allied Laws referred to in the Section The readers also get a specially curated GST Guide along with the above. The Present Publication is the 12th Edition, amended by the Finance (No. 2) Act, 2024 [enforced with effect from 27-9-2024 & 1-11-2024] and covering CGST (Second Amdt.) Rules, 2024 [dated 8-10-2024]. This book is edited by Taxmann's Editorial Board, with the following noteworthy features: • [Taxmann's series of Bestseller Books] on GST Laws • [Follows the Six-Sigma Approach] to achieve the benchmark of 'zero error' The contents of the book are as follows: • Specially Curated Guide to GST Laws • Amended, Updated & Annotated Text [along with Subject Index & Validation Provisions] of the following: o Central Goods & Service Tax Act, 2017 [including CGST (Removal of Difficulties) Orders & Text of provisions of Allied Acts referred to in CGST Act] o Integrated Goods & Service Tax Act, 2017 o Union Territories Goods & Service Tax Act, 2017 o Goods & Services (Compensation to States) Act, 2017 • GST Rules o Central Goods & Service Tax Rules, 2017 o Integrated Goods & Service Tax Rules, 2017 o Goods and Services Tax Compensation Cess Rules, 2017 o Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022 o Union Territory Goods and Services Tax (Andaman and Nicobar Islands) Rules, 2017 o Union Territory Goods and Services Tax (Chandigarh) Rules, 2017 o Union Territory Goods and Services Tax (Dadra and Nagar Haveli) Rules, 2017 o Union Territory Goods and Services Tax (Daman and Diu) Rules, 2017 o Union Territory Goods and Services Tax (Lakshadweep) Rules, 2017 o Goods and Services Tax Settlement of Funds Rules, 2017 o Goods and Services Tax Appellate Tribunal (Appointment and Conditions of Service of President and Members) Rules, 2023 o National Anti-Profiteering Authority – Procedure and Methodology o Tribunals Reforms Act, 2021 o Conditions of Service of Chairperson and Members of Tribunals, Appellate Tribunals and other Authorities u Tribunal (Conditions of Service) Rules, 2021 o Goods and Services Tax Appellate Tribunal (Recruitment, Salary and other Terms and Conditions of Service of Group' C' Employees) Rules, 2024

Direct Taxes Ready Reckoner

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Publisher :
ISBN 13 : 9788171946020
Total Pages : 624 pages
Book Rating : 4.9/5 (46 download)

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Book Synopsis Direct Taxes Ready Reckoner by : Dr. V. K. Singhania

Download or read book Direct Taxes Ready Reckoner written by Dr. V. K. Singhania and published by . This book was released on 2009-07-01 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Taxmann's GST Acts with Rules/Forms & Notifications [Finance (No. 2) Act 2024] – Annotated Text of GST Acts & Rules—CGST | IGST | UTGST & GST (Compensation to States) with Forms & Notifications

Download Taxmann's GST Acts with Rules/Forms & Notifications [Finance (No. 2) Act 2024] – Annotated Text of GST Acts & Rules—CGST | IGST | UTGST & GST (Compensation to States) with Forms & Notifications PDF Online Free

Author :
Publisher : Taxmann Publications Private Limited
ISBN 13 : 9364556844
Total Pages : 16 pages
Book Rating : 4.3/5 (645 download)

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Book Synopsis Taxmann's GST Acts with Rules/Forms & Notifications [Finance (No. 2) Act 2024] – Annotated Text of GST Acts & Rules—CGST | IGST | UTGST & GST (Compensation to States) with Forms & Notifications by : Taxmann

Download or read book Taxmann's GST Acts with Rules/Forms & Notifications [Finance (No. 2) Act 2024] – Annotated Text of GST Acts & Rules—CGST | IGST | UTGST & GST (Compensation to States) with Forms & Notifications written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-10-29 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains Amended, Updated & Annotated text of the following GST Acts, Rules & Notifications: • Central Goods & Services Tax (CGST) o Act o Rules as amended by the CGST (Second Amendment) Rules, 2024 o CGST Notifications o CGST (Rate) Notifications • Integrated Goods & Services Tax (IGST) o Act o Rules o IGST Notifications o IGST (Rate) Notifications • Union Territories Goods & Services Tax (UTGST) o Act o 5+ Rules • Goods & Services Tax (Compensation to States) o Act o Goods & Services Tax Compensation Cess Rules o Compensation Cess (Rate) Notifications • 5+ Other Rules • GST Forms with Action Points What sets it apart is the Annotation under each Section, which shows: • Relevant Rules framed under the relevant Section • Reference to Relevant Forms prescribed (with Action Points) • Date of enforcement of provisions • Reference to Relevant Notifications & Circulars • Allied Laws referred to in the Section The Present Publication is the 16th Edition, amended by the Finance (No. 2) Act, 2024 [enforced with effect from 27-9-2024 & 1-11-2024]. It covers Notifications (issued till 10-10-2024) and CGST (Second Amdt.) Rules, 2024 [dated 8-10-2024]. This book is edited by Taxmann's Editorial Board, with the following noteworthy features: • [Taxmann's series of Bestseller Books] on GST Laws • [Follows the Six-Sigma Approach] to achieve the benchmark of 'zero error' The contents of the book are as follows: • Specially curated Guide to GST Laws • List of Forms • Amended, Updated & Annotated Text [along with Subject Index & Validation Provisions] of the following: o Central Goods & Service Tax Act, 2017 [including CGST (Removal of Difficulties) Orders & Text of provisions of Allied Acts referred to in CGST Act] o Integrated Goods & Service Tax Act, 2017 o Union Territories Goods & Service Tax Act, 2017 o Goods & Services (Compensation to States) Act, 2017 • GST Rules and Forms o Central Goods & Service Tax Rules, 2017 o Integrated Goods & Service Tax Rules, 2017 o Goods and Services Tax Compensation Cess Rules, 2017 o Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022 o Union Territories Goods & Service Tax Rules, 2017 § Union Territory Goods and Services Tax (Andaman and Nicobar Islands) Rules, 2017 § Union Territory Goods and Services Tax (Chandigarh) Rules, 2017 § Union Territory Goods and Services Tax (Dadra and Nagar Haveli) Rules, 2017 § Union Territory Goods and Services Tax (Daman and Diu) Rules, 2017 § Union Territory Goods and Services Tax (Lakshadweep) Rules, 2017 o Goods and Services Tax Settlement of Funds Rules, 2017 o Goods and Services Tax Appellate Tribunal (Appointment and Conditions of Service of President and Members) Rules, 2019 o National Anti-Profiteering Authority: Procedure and Methodology o Tribunal Reforms Act, 2021 o Conditions of Service of Chairperson and Members of Tribunals, Appellate Tribunals and other Authorities o Tribunal (Conditions of Service) Rules, 2021 o Goods and Services Tax Appellate Tribunal (Recruitment, Salary and other Terms and Conditions of Service of Group' C' Employees) Rules, 2024 • Relevant Notifications o CGST Notifications o IGST Notifications o CGST (Rate) Notifications o IGST (Rate) Notifications o Compensation Cess (Rate) Notifications o Central Excise (N.T.) Notifications

Taxmann's Taxation of Cash Deposits & Deposits After Demonetisation-Updated till 15th August 2020 (August 2020 Edition)

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Publisher : Taxmann Publications Private Limited
ISBN 13 : 9390128463
Total Pages : 29 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Taxmann's Taxation of Cash Deposits & Deposits After Demonetisation-Updated till 15th August 2020 (August 2020 Edition) by : D.C Agrawal

Download or read book Taxmann's Taxation of Cash Deposits & Deposits After Demonetisation-Updated till 15th August 2020 (August 2020 Edition) written by D.C Agrawal and published by Taxmann Publications Private Limited. This book was released on 2020-09-09 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a ready referencer to understand the tax implication of cash deposited during demonetization or in routine course, and the guidance on how to give response to the notices of Department. It also provides a complete understanding of the provisions relating to unexplained Income and Prohibition of Benami Property Transaction Act, 1988. This book has been written with the following objectives: · Provides an idea about the tax consequences of demonetization; · Provides an insight into various modes used by the taxpayers to explain their cash deposited in the bank; · Explains the conditions under which various deeming provisions under Income Tax Act can be applied; · Highlights the requirement of documentary evidence in support of explanation furnished by the assessee; · Covers the circumstances under which enhancement, revision or reopening can be done; and · Highlight the circumstances under which penal provisions in relation to cash deposits can be invoked. The present publication is the first edition, authored by D.C. Agarwal & updated till 15th August 2020, with the following noteworthy features: · Chapter are designed in the form of independent articles so that all the material relating to the issue is compiled in one place · Chapter on selected questions and answers – FAQs on the issues relating to assessment of cash deposits has also been inserted · Topics such as power of enhancement by CIT(A) and Tribunal, re-opening and re-assessment and revision under Section 263 have also been incorporated · Contents of this book are as follows: o Introduction o After effects of Demonetization o Various Modes of Cash Deposits o Cash Deposits and Bogus Sales & Purchases o Cash Deposits and Section 68 o Cash Deposits and Section 69 o Cash Deposits and Section 69A o Cash Withdrawal and Deposit o Bank Passbook and Section 68 o Books and Books of Account o Burden of Proof o Legal Fiction under Section 68, 69 and 69A o Concept of Telescoping and Peak Credit in relation to Cash Transaction o Substantive – Protective assessments o Cash Deposits and Presumptive Taxation o Nature of amendment in Section 115BBE by Taxation Laws (Second Amendment) Act, 2016 o Related Issues o Power of Enhancement o SBN Deposits in Banks and Prohibition of Benami Property Transactions Act, 1988 o Cash Transactions and Penalties o Reopening and Reassessment o Revision under Section 263 o FAQs

Taxmann's GST Acts with Rules/Forms & Notifications – Covering amended, updated & annotated text of CGST/IGST/UTGST Acts with GST Rules, GST Forms & GST Notifications | [Finance Act 2024]

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Author :
Publisher : Taxmann Publications Private Limited
ISBN 13 : 9357789928
Total Pages : 17 pages
Book Rating : 4.3/5 (577 download)

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Book Synopsis Taxmann's GST Acts with Rules/Forms & Notifications – Covering amended, updated & annotated text of CGST/IGST/UTGST Acts with GST Rules, GST Forms & GST Notifications | [Finance Act 2024] by : Taxmann

Download or read book Taxmann's GST Acts with Rules/Forms & Notifications – Covering amended, updated & annotated text of CGST/IGST/UTGST Acts with GST Rules, GST Forms & GST Notifications | [Finance Act 2024] written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-03-05 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains Amended, Updated & Annotated text of the following GST Act(s), GST Rules & GST Notifications: • Central Goods & Services Tax (CGST) o Act o Rules as amended by the CGST (Second Amendment) Rules, 2023 o Notifications o CGST (Rate) Notifications • Integrated Goods & Services Tax (IGST) o Act o Rules o Notifications o IGST (Rate) Notifications • Union Territories Goods & Services Tax (UTGST) o Act o 5+ Rules • Goods & Services Tax (Compensation to States) o Act o Goods & Services Tax Compensation Cess Rules o Compensation Cess (Rate) Notifications • 5+ Other Rules • GST Forms with Action Points What sets it apart is the Annotation under each Section, which shows: • Relevant Rules framed under the relevant Section • Reference to Relevant Forms prescribed (with Action Points) • Date of enforcement of provisions • Reference to Relevant Notifications & Circulars • Allied Laws referred to in the Section The readers also get a specially curated GST Guide along with the above. The Present Publication is the 15th Edition, amended by the Finance Act 2024, and updated till 22nd February 2024. This book is edited by Taxmann's Editorial Board, with the following noteworthy features: • [Taxmann's series of Bestseller Books] on GST Laws • [Follows the Six-Sigma Approach] to achieve the benchmark of 'zero error' The contents of the book are as follows: • Specially curated Guide to GST Laws • List of Forms • Amended, Updated & Annotated Text [along with Subject Index & Validation Provisions] of the following: o Central Goods & Service Tax Act, 2017 [including CGST (Removal of Difficulties) Orders & Text of provisions of Allied Acts referred to in CGST Act] o Integrated Goods & Service Tax Act, 2017 o Union Territories Goods & Service Tax Act, 2017 o Goods & Services (Compensation to States) Act, 2017 • GST Rules and Forms o Central Goods & Service Tax Rules, 2017 o Integrated Goods & Service Tax Rules, 2017 o Goods and Services Tax Compensation Cess Rules, 2017 o Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022 o Union Territories Goods & Service Tax Rules, 2017 § Union Territory Goods and Services Tax (Andaman and Nicobar Islands) Rules, 2017 § Union Territory Goods and Services Tax (Chandigarh) Rules, 2017 § Union Territory Goods and Services Tax (Dadra and Nagar Haveli) Rules, 2017 § Union Territory Goods and Services Tax (Daman and Diu) Rules, 2017 § Union Territory Goods and Services Tax (Lakshadweep) Rules, 2017 o Goods and Services Tax Settlement of Funds Rules, 2017 o Goods and Services Tax Appellate Tribunal (Appointment and Conditions of Service of President and Members) Rules, 2019 o National Anti-Profiteering Authority: Procedure and Methodology o Tribunal Reforms Act, 2021 o Conditions of Service of Chairperson and Members of Tribunals, Appellate Tribunals and other Authorities o Tribunal (Conditions of Service) Rules, 2021 • Relevant Notifications o CGST Notifications o IGST Notifications o CGST (Rate) Notifications o IGST (Rate) Notifications o Compensation Cess (Rate) Notifications o Central Excise (N.T.) Notifications

Taxmann's GST Manual with GST Law Guide & Digest of Landmark Rulings [Finance Act 2024] – Amended, updated & annotated text of CGST, IGST, UTGST Act & Rules with Forms, Notifications, etc.

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Author :
Publisher : Taxmann Publications Private Limited
ISBN 13 : 9357783288
Total Pages : 20 pages
Book Rating : 4.3/5 (577 download)

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Book Synopsis Taxmann's GST Manual with GST Law Guide & Digest of Landmark Rulings [Finance Act 2024] – Amended, updated & annotated text of CGST, IGST, UTGST Act & Rules with Forms, Notifications, etc. by : Taxmann

Download or read book Taxmann's GST Manual with GST Law Guide & Digest of Landmark Rulings [Finance Act 2024] – Amended, updated & annotated text of CGST, IGST, UTGST Act & Rules with Forms, Notifications, etc. written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-03-16 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a compilation of amended, updated & annotated text of the following GST Act(s) & Rules: • Central GST Act & Rules • Integrated GST Act & Rules • Union Territories GST Act & Rules • GST (Compensation to States) Act & & GST Compensation Cess Rules • GST Settlement of Funds Rules, 2017 What sets it apart is the presentation of the GST Act(s), along with Relevant Rules, Forms, Circulars, Notifications, Dates of Enforcement, and Allied Laws referred to in the Section. In other words, the Annotation under each Section shows: • Relevant Rules & Forms (with Action Points) • Relevant Notifications • Date of enforcement of provisions • Allied Laws referred to in the Section Along with the above, the readers also get a specially curated & comprehensive (370+ pages/25+ topics) Guide to GST Laws and a Section-wise digest of Landmark Rulings under the GST Law The Present Publication is the 21st Edition | 2024, amended by the Finance Act 2024 and updated till 22nd February 2024. This book is edited/authored by Taxmann's Editorial Board with the following noteworthy features: • [Taxmann's series of Bestseller Books] on GST Laws • [Follows the Six-sigma Approach] to achieve the benchmark of 'zero error' This book is published in two volumes, and the contents of the book are as follows: • Specially curated & comprehensive Guide to GST Laws in 370+ Pages on 25+ Topics o Acronyms in GST o Introduction o Taxable Event in GST o Value of Taxable Supply of Goods or Services or Both o Input Tax Credit (ITC) o Place of Supply of Goods or Services or Both other than Exports or Imports o Place of Supply in Case of Exports or Imports of Goods or Services or Both o Exports and Imports o Time of Supply of Goods and Services o Reverse Charge o Exemption from GST by Issue of Notification o Concessions to Small Enterprises in GST o Some Important Taxable Services o Government Related Activities o Basic Procedures in GST o Tax Invoice, Credit and Debit Notes o E-Way Bill for Transport of Goods o Payment of Taxes by Cash and through Input Tax Credit o Returns under GST o Assessment and Audit o Demands and Recovery o Refund in GST o Powers of GST Officers, Offences and Penalties o Appeal and Revision in GST o Prosecution and Compounding o Electronic Commerce o Miscellaneous Issues in GST o GST Compensation Cess o Constitutional Background of GST • Amended, updated & annotated text [along with Relevant Notifications (enforcing provisions of the GST Acts and amendments thereto), and Subject Index] of the following: o Central Goods & Service Tax Act, 2017 [including CGST (Removal of Difficulties) Orders & Text of Allied Acts] o Integrated Goods & Service Tax Act, 2017 o Union Territories Goods & Service Tax Act, 2017 [including UTGST (Removal of Difficulties) Orders] o Goods & Services Tax (Compensation to States) Act, 2017 • GST Rules and Forms o Central Goods & Service Tax Rules, 2017 o Integrated Goods & Service Tax Rules, 2017 o Goods and Services Tax Compensation Cess Rules, 2017 o Union Territories Goods & Service Tax Rules, 2017 § Union Territory Goods and Services Tax (Andaman and Nicobar Islands) Rules, 2017 § Union Territory Goods and Services Tax (Chandigarh) Rules, 2017 § Union Territory Goods and Services Tax (Dadra and Nagar Haveli) Rules, 2017 § Union Territory Goods and Services Tax (Daman and Diu) Rules, 2017 § Union Territory Goods and Services Tax (Lakshadweep) Rules, 2017 o Goods and Services Tax Settlement of Funds Rules, 2017 o Goods and Services Tax Appellate Tribunal (Appointment and Conditions of Service of President and Members) Rules, 2019 o National Anti-Profiteering Authority: Procedure and Methodology o Tribunal Reforms Act, 2021 o Conditions of Service of Chairperson and Members of Tribunals, Appellate Tribunals and Other Authorities o Tribunal (Conditions of Service) Rules, 2021 • Notifications issued under CGST Act/IGST Act/UTGST Act o CGST Notifications o Service Tax Notifications o IGST Notifications o UTGST Notifications o Compensation Cess Notifications o CGST (Rate) Notifications o IGST (Rate) Notifications o Compensation Cess (Rate) Notifications o Central Excise (N.T.) Notifications • Case Laws Digest o Section Key to Landmark Rulings of Supreme Court/High Courts/AAAR/AAR/NAA o Alphabetical Key to Landmark Rulings of Supreme Court/High Court/AAAR/AAR/NAA • CBIC's FAQs • Circulars & Clarifications • Constitutional Provisions o Constitutional (One Hundred and First Amendment) Act, 2016 o Relevant Provisions of the Constitution of India o Date of Enforcement of Provisions of Constitution (One Hundred and First Amendment) Act, 2016

A Study of Service Tax in India and it’s Analysis

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Author :
Publisher : Lulu.com
ISBN 13 : 1387483781
Total Pages : 220 pages
Book Rating : 4.3/5 (874 download)

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Book Synopsis A Study of Service Tax in India and it’s Analysis by : Dr. Makarand Raghunath Sakhalkar

Download or read book A Study of Service Tax in India and it’s Analysis written by Dr. Makarand Raghunath Sakhalkar and published by Lulu.com. This book was released on 2018-03-05 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on recommendations made by Chelliah Committee on Tax Reforms, Service Tax was introduced for the first time in the year 1994. It is a Union levy, with a selective approach, whereby it is applicable to selected categories of services and not to all the services.The system of levy and collection of Excise Duties on goods is in existence since 1944 under Central Excise Act 1944. However, the concept of levy and collection of Service Tax on paid services was introduced in India for the first time in 1994 by the then Finance Minister Dr. Manmohan Singh. It is a tax levied on the transaction of certain specified services by the Central Government under the Finance Act, 1994. It is an indirect tax, which means that normally the service provider pays the tax and recovers the amount from the recipient of taxable service.

Taxmann's The Budget [Income-tax | GST | Customs] | 2023-24 – An imprint edition of Union Budget, as presented by the Finance Minister, with Highlights, FM's Speech, Finance Bill, Notifications, etc.

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Author :
Publisher : Taxmann Publications Private Limited
ISBN 13 : 9356226695
Total Pages : 420 pages
Book Rating : 4.3/5 (562 download)

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Book Synopsis Taxmann's The Budget [Income-tax | GST | Customs] | 2023-24 – An imprint edition of Union Budget, as presented by the Finance Minister, with Highlights, FM's Speech, Finance Bill, Notifications, etc. by : Taxmann

Download or read book Taxmann's The Budget [Income-tax | GST | Customs] | 2023-24 – An imprint edition of Union Budget, as presented by the Finance Minister, with Highlights, FM's Speech, Finance Bill, Notifications, etc. written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2023-02-01 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: ALL ORDERS OF TAXMANN's BUDGET ARE SENT VIA THE FASTEST MODE OF DELIVERY This book is an imprint edition of the Union Budget 2023-24. It covers the complete text of the Union Budget 2023-24, including: • Income-tax • GST • Customs It has the following key documents: • Budget Highlights • Budget Speech • Finance Bill, 2023 • Notes on Clauses • Memorandum explaining the provisions of the Finance Bill, 2023 • Budget Notifications • DO Letter This edition covers everything you need to decipher the changes proposed by the Finance Bill, 2023 in Income-tax, GST and Customs

Taxmann's GST on Services [CGST/IGST Amdt. Act 2023] – Comprehensive commentary on the law relating to GST on (45+) services supported by case laws & various examples

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Author :
Publisher : Taxmann Publications Private Limited
ISBN 13 : 9357787585
Total Pages : 24 pages
Book Rating : 4.3/5 (577 download)

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Book Synopsis Taxmann's GST on Services [CGST/IGST Amdt. Act 2023] – Comprehensive commentary on the law relating to GST on (45+) services supported by case laws & various examples by : S.S. Gupta

Download or read book Taxmann's GST on Services [CGST/IGST Amdt. Act 2023] – Comprehensive commentary on the law relating to GST on (45+) services supported by case laws & various examples written by S.S. Gupta and published by Taxmann Publications Private Limited. This book was released on 2023-10-03 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive commentary on the law relating to GST on services. It caters to a broad spectrum of specific problems on GST on services (totalling 45+ services) supplied by the supplier to the business entity or consumer. This book is divided into three sections, which are listed as follows: • Section 1 – Incorporates discussion on General Provisions of Supply, Classification, Valuation, Registration, Payment under Reverse Charge and Refunds • Section 2 – Incorporates provisions of Input Tax Credit • Section 3 – Incorporates discussion on each of the Specific Services The Present Publication is the 2nd Edition, amended by the Finance Act 2023, CGST (Amendment) Act 2023, IGST (Amendment) Act 2023 and updated till 10th September 2023. This book is authored by S.S. Gupta with the following noteworthy features: • [Categorisation of Different Types of Services in 45+ Categories] along with separate chapters that are incorporated to deal with the issues of each category of service • [Discussions are Supported by Case Laws] rendered in the context of Service Tax or Excise Duty • [Reference to Circulars] issued under Service Tax & GST that are relevant to the discussions are also stated in each chapter • [Interpretation of Statutory Provisions are Supported by Case Laws & Circulars] which will enable supplier of services to comply with the statutory provisions • [Illustrations/Examples] The provisions are also explained in different places by way of giving examples • [Simple & Lucid Language] The thirst of the book is to explain the provisions in layman's language so that it is understood very easily The detailed contents of the book are as follows: • Division One – Overview of GST o Basic Concepts and Definition o Meaning and Scope of Supply and Levy of GST o Non-taxable Supplies o Payment under Reverse Charge o Time of Supply and Change in Rate of Tax o Place of Supply o Value of Supply o Job Work, Scrap & Waste Generated at Job-Worker o Electronic Commerce Operator & Collection of Tax at Source o Tax Deducted at Source o Exemptions o Composition Levy o Export & Import of Services (including Supplies to SEZ) o Registration o Taxable Person, Tax Invoice, Credit & Debit Notes o Refund of Taxes • Division Two – Input Tax Credit o Input o Input Service o Capital Goods o Utilisation of Input Tax Credit o Conditions, Time Limit and Documentation for Availment of Credit o Common Inputs and Input Services for Exempted and Taxable Supplies o Removal of Input, Capital Goods and Waste, including for Job Work o Input Service Distributor • Division Three – GST Provisions for Specific Services o Accommodation Services o Advertisement Services o Agents/Intermediaries o Agriculture Income o Authors, Journalist, Music Composer, Photographer, Artist o Banking Services o Betting, Gambling & Lottery Services o Broadcasting o Charitable Organisation/Religious Trust o Cleaning Services o Clubs or Associations o Construction – Residential o Construction – Commercial o Courier Services o Education and Related Services o Entertainment and Amusement o Financial Services o Food Supply – Catering/Restaurant o Freight Forwarders o Goods Transport Agency Services o Government/Local Authorities o Healthcare and Veterinary Services o Hiring, Leasing, Licensing of Goods o Information Technology and Online Information and Database Access for Retrieval Services o Insurance Service o Intellectual Property Services o Intellectual Job Work o Legal Services o Maintenance and Repair o Manpower Recruitment and Supply Service o Mining Service o Merger, Demerger, Slump Sale, Acquisition, Corporate Re-structuring o Miscellaneous Service o Organising/Admission to Event o Port/Airport Services o Power Sector Services o Professional Services o Refraining, Tolerating and Act or Situation o Rent-A-Cab o Renting of Immovable Property o Security Services o Sports Related Services o Stock/Other Exchanges o Telecommunication Services o Testing or Analysis Services o Tour Operator Service o Transportation of Goods (Other than GST and Courier) o Transportation of Passengers o Travel Agent Services

Taxmann's GST How to Meet your Obligations (2 Vols) – 2500+ Pages | 89 Chapters of Exhaustive GST Analysis—Featuring Interlinked Statutory Provisions | Case Laws | Practical Examples

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Publisher : Taxmann Publications Private Limited
ISBN 13 : 9364552628
Total Pages : 28 pages
Book Rating : 4.3/5 (645 download)

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Book Synopsis Taxmann's GST How to Meet your Obligations (2 Vols) – 2500+ Pages | 89 Chapters of Exhaustive GST Analysis—Featuring Interlinked Statutory Provisions | Case Laws | Practical Examples by : S.S. Gupta

Download or read book Taxmann's GST How to Meet your Obligations (2 Vols) – 2500+ Pages | 89 Chapters of Exhaustive GST Analysis—Featuring Interlinked Statutory Provisions | Case Laws | Practical Examples written by S.S. Gupta and published by Taxmann Publications Private Limited. This book was released on 2024-10-04 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taxmann's bestselling flagship commentary, GST How to Meet Your Obligations, provides a comprehensive and practical analysis of India's Goods and Services Tax (GST). This 2-volume set offers detailed insights into GST law, covering every aspect of the statutory provisions, including Acts, Rules, Notifications, and Clarifications. With over 2,500 pages, the book explains the key areas of GST, such as levy, exemptions, input tax credit, exports/imports, and dispute resolution, using clear language, illustrations, and examples to break down complex provisions. Supported by judicial rulings and case laws, it acts as a reliable and trusted guide for understanding the complexities of GST. This commentary is an essential resource for a wide range of professionals. Tax professionals and consultants will find it a comprehensive guide for advisory and compliance purposes. Business owners and financial managers can use it to effectively adhere to GST obligations, ensuring smooth operations and compliance. Departmental officers benefit from its authoritative content, serving as a valuable reference for administration and enforcement. Legal practitioners and courts will find clarity on GST provisions and case law interpretations, making it a trusted tool for handling litigation and legal analysis related to GST. The Present Publication is the 15th Edition, amended by the Finance (No. 2) Act, 2024, enforced w.e.f. 27th September & 1st November, 2024. It covers the recommendations of the 54th GST Council Meeting and is authored by S.S. Gupta, with the following noteworthy features: • [Exhaustive GST Commentary] The book provides an in-depth commentary on various provisions of GST spread across eighty-nine chapters. It covers key areas of GST law, including levy, exemptions, input tax credit, exports and imports, special scenarios, compliance, and dispute resolution • [Interlinking of Statutory Contents] This commentary provides an interlinked approach to GST laws, rules, and notifications. It explains the scope of provisions across sections, rules, and statutes, offering a comprehensive understanding of how the GST law operates in an interconnected manner • [Judicial Precedents & Case Laws] Each topic is supported by relevant case laws and judgements from various Tribunals, High Courts, and the Supreme Court. This aids in understanding the practical interpretation of provisions and assists professionals in applying the law accurately in complex scenarios • [Illustrations & Practical Examples] Numerous examples and illustrations are provided throughout the book, simplifying complex concepts and demonstrating the real-world application of GST provisions • [Simple & Lucid Language] The book is designed to be user-friendly, making even the most complex legal provisions easily comprehensible. It is tailored to explain the law in layman's terms, ensuring that readers from varied backgrounds can understand the GST framework effectively The topics across the two volumes are arranged systematically, beginning with the basic principles of GST and advancing to detailed discussions on special scenarios, transitional provisions, and dispute resolution. The book is structured across multiple divisions, ensuring a logical and thorough progression of concepts • Division One | Basic Concepts o Chapter 1 – Introduction & Basic Concept § Introduces the fundamentals of GST, including its background, need, and the legal framework o Chapter 2 – Constitutional Amendment § Discusses the constitutional provisions underpinning GST o Chapter 3 – Framework of GST Laws § Explores the structure and framework of GST laws in India • Division Two | Levy of GST – Key Aspects o Chapter 4 – Meaning and Scope of Supply § Explains the supply concept, its scope, and relevance under GST. o Chapter 5 – Deemed Supplies § Details transactions deemed as supplies under GST law o Chapter 6 – Levy of GST § Discusses the charging section of GST o Chapter 7 – Meaning of Goods § Defines 'goods' and their treatment under GST o Chapter 8 – Meaning & Scope of Service § Explains the scope and definition of services o Chapters 9-19 § Cover topics such as inter-state and intra-state supplies, taxable persons, composition levy, reverse charge mechanism, classification and rates of tax, place and time of supply, value of supply, exemptions, and non-taxable supplies o Chapter 20 – Refund of Taxes § Explores situations where refunds are applicable, including exports and excess tax payments o Chapter 21 – Deduction of Tax at Source § Discusses the concept of TDS under GST, applicable provisions, and practical compliance o Chapter 22 – Collection of Tax at Source § Provides guidance on TCS obligations for e-commerce operators and other specified persons o Chapter 23 – Levy of Interest § Covers provisions related to interest on delayed tax payments and refunds o Chapter 24 – Other Levies – GST (Compensation to States) Act & Cess § Explains the additional levies and cess imposed for compensating states for revenue loss • Division Three | Input Tax Credit o Chapter 25 – Introduction to Input Tax Credit § Provides an overview of the input tax credit mechanism o Chapters 26-36 § Cover eligibility criteria, blocked credits, conditions for availing ITC, ITC utilisation, and the treatment of input services, capital goods, and common inputs for exempted and taxable supplies. It also includes guidance on input service distributors, matching of credit, blacklisting of dealers, and recovery provisions • Division Four | Export and Import of Goods and Services o Chapter 37 – Export of Goods § Explains the taxation and procedural aspects related to the export of goods o Chapters 38-46 § Discuss the taxation of export services, import procedures, deemed exports, supplies to SEZs, warehouse transactions, high sea sales, and operations under the MOOWR scheme • Division Five | Special Scenarios o Chapter 47 – Transaction with Related Party/Distinct Person § Analyses GST implications for related party transactions o Chapters 48-58A § Cover specific situations like job work, e-commerce supplies, online services, corporate guarantees, mergers, taxation of vouchers, discounts, actionable claims, and the waiver of interest or penalty • Division Six | Transitional Provisions o Chapter 59 – Transitional Credits § Details how credits can be carried forward from the pre-GST regime o Chapters 60-63 § Discuss transitional provisions, the impact on ongoing contracts, anti-profiteering measures, and the repeal of erstwhile laws • Division Seven | GST Compliance o Chapter 64 – Registration § Covers registration requirements, procedures, and types of GST registration o Chapters 65-71 § Provide practical guidance on documentation, e-way bills, input tax credit records, tax payments, returns and reconciliations, and special compliance for selected products. • Division Eight | Administration, Assessments, Audits & Investigation o Chapter 72 – Class and Power of Officers § Discusses the authority and jurisdiction of GST officers o Chapters 73-77 § Include detailed procedures on assessments, return scrutiny, audits (regular and special), demand, recovery, and adjudication o Chapter 78 – Inspection, Search & Seizure § Explores the powers of officers to inspect, search, and seize goods or records to ensure compliance o Chapter 79 – Provisional Attachment § Discusses provisions on attaching properties of taxpayers for safeguarding government revenue o Chapter 80 – Residual Matters § Covers various residual matters not addressed in earlier chapters, providing a holistic understanding of administrative and procedural aspects under GST • Division Nine | Penalties and Prosecution o Chapter 81 – Penalties, Confiscation & Fines § Explores the legal consequences for non-compliance with GST provisions o Chapter 82 – Arrest, Prosecution, and Confiscation § Details prosecution procedures and offences under GST law • Division Ten | Dispute Resolution o Chapter 83 – Appeals | General Provisions § Outlines the appeal process, time limits, pre-deposit requirements, and powers of revisionary authorities o Chapters 84-89 § Include procedures for appeals to appellate authorities, GST Appellate Tribunals, High Courts, and the Supreme Court, along with guidelines on advance rulings and the GST Amnesty Scheme • Appendices o A compilation of key legislative texts, including § Central Goods and Services Tax Act, 2017 § Integrated Goods and Services Tax Act, 2017 § Union Territory Goods and Services Tax Act, 2017 § GST Compensation to States Act, 2017 § CGST Rules, 2017 § IGST Rules, 2017

Your Federal Income Tax for Individuals

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Publisher :
ISBN 13 :
Total Pages : 336 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis Your Federal Income Tax for Individuals by : United States. Internal Revenue Service

Download or read book Your Federal Income Tax for Individuals written by United States. Internal Revenue Service and published by . This book was released on 1996 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Taxmann's Basic Financial Accounting (UGCF | 2 Vols.) – Most updated & amended student-oriented book, with numerous solved illustrations plus working notes & B.Com. past question papers

Download Taxmann's Basic Financial Accounting (UGCF | 2 Vols.) – Most updated & amended student-oriented book, with numerous solved illustrations plus working notes & B.Com. past question papers PDF Online Free

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Publisher : Taxmann Publications Private Limited
ISBN 13 : 9356224250
Total Pages : 30 pages
Book Rating : 4.3/5 (562 download)

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Book Synopsis Taxmann's Basic Financial Accounting (UGCF | 2 Vols.) – Most updated & amended student-oriented book, with numerous solved illustrations plus working notes & B.Com. past question papers by : Bhushan Kumar Goyal

Download or read book Taxmann's Basic Financial Accounting (UGCF | 2 Vols.) – Most updated & amended student-oriented book, with numerous solved illustrations plus working notes & B.Com. past question papers written by Bhushan Kumar Goyal and published by Taxmann Publications Private Limited. This book was released on 2022-12-07 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive, authentic & well-illustrated book for Financial Accounting. This book aims to fulfil the requirement of students of undergraduate courses in commerce and management, particularly the following: • B.Com. Sem (I) Core Paper BC: DSC 1.3 based on the Undergraduate Curriculum Framework (UGCF) by the University of Delhi • Non-Collegiate Women's Education Board (NCWEB) • School of Open Learning (University of Delhi) • Undergraduate Commerce & Management Courses at various Central Universities throughout India The Present Publication is the 9th Edition, authored by Bhushan Kumar Goyal, with the following noteworthy features: • [Highlights of the Ninth Edition] are as follows: o [Most Amended & Updated] o [New Illustrations] has been added to this book o [B.Com. Past Question Papers] for the years 2021 & 2022 have been added to this book • [Comprehensive Presentation of Theory, Procedure & Practice] of accounting • [Student-Oriented Book] This book has been developed keeping in mind the following factors: o Interaction of the author/teacher with their students in the classroom o Shaped by the author/teacher's experience of teaching the subject matter at different levels for more than 43 years o Reactions and responses of students have also been incorporated at different places in the book • [Simple Language & Systematic Manner] of the presentation of the subject matter with special emphasis on those points which students generally find difficult • [Solved Illustrations & Working Notes] have been incorporated throughout this book to make the understanding of the concepts easy • [Practical Assignments & Latest Questions Papers] have been given in Vol. II of the book • [Multiple True/False Type Questions] have been incorporated into the book The contents of the book are as follows: • Volume I o Accounting System o Capital and Revenue Expenditures and Receipts o Events Occurring after the Balance Sheet Date o Extraordinary Items, Prior Period Items, Accounting Estimate, Accounting Policies and Fair Value o Provisions, Contingent Liability and Contingent Assets o Financial Accounting Principles o Introduction to Accounting Standards and Ind-AS o Accounting Process: Journal and Ledger o Accounting Process: Subsidiary Books, Ledger and Trial-Balance o Accounting for Goods and Services Tax o Measurement of Business Income and Revenue Recognition o Accounting for Property, Plant, Equipment and Depreciation o Accounting for Intangible Assets o Inventory Valuation o Financial Statements of Non-Corporate Business Entities o Financial Statements for Not-For-Profit Organisations o Accounting for Inland Branches o Departmental Accounting o Lease Accounting o Computerised Accounting System • Volume II o Objective Questions with Answers o Accounting Process: Journal and Ledger o Accounting Process: Subsidiary Books, Ledger and Trial-Balance o Accounting for Property, Plant, Equipment and Depreciation o Accounting for Intangible Assets o Inventory Valuation o Financial Statements of Non-Corporate Business Entities o Financial Statements for Not-For-Profit Organisations o Accounting for Inland Branches o Departmental Accounting o Lease Accounting o Computerised Accounting System o B.Com. CBCS: 2021 o B.Com. CBCS: 2022

Taxmann's GST How to Meet your Obligations (Set of 3 Vols) – 2700 + Page Commentary on Provisions of GST in a Lucid Manner, supported by Case Laws & various Examples | [Finance Act 2023]

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Author :
Publisher : Taxmann Publications Private Limited
ISBN 13 : 9357782427
Total Pages : 32 pages
Book Rating : 4.3/5 (577 download)

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Book Synopsis Taxmann's GST How to Meet your Obligations (Set of 3 Vols) – 2700 + Page Commentary on Provisions of GST in a Lucid Manner, supported by Case Laws & various Examples | [Finance Act 2023] by : S.S. Gupta

Download or read book Taxmann's GST How to Meet your Obligations (Set of 3 Vols) – 2700 + Page Commentary on Provisions of GST in a Lucid Manner, supported by Case Laws & various Examples | [Finance Act 2023] written by S.S. Gupta and published by Taxmann Publications Private Limited . This book was released on 2023-04-28 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is Taxmann's bestselling flagship commentary explaining every concept of GST lucidly. The noteworthy features of this book are as follows: • [Exhaustive GST Commentary] The various provisions contained in different statutes are discussed in sixty chapters • [Interlinking all Statutory Contents] Provides the scope of provisions of sections, rules, etc. • [Case Laws] Supported by judgements or orders of various Tribunals, High Courts and the Supreme Court. • [Illustrations/Examples]The provisions are also explained in different places by way of giving examples • [Simple & Lucid Language] The thirst of the book is to explain the provisions in layman's language so that it is understood very easily This book is trusted by all people in business & employees and has been regularly used by the departmental officers & courts for several years. This book is divided into three volumes with the following coverage: • Volumes 1 & 2 covers a 2,700+ page commentary on GST • Volume 3 covers the statutory portion of the GST The Present Publication is the 14th Edition and has been amended by the Finance Act 2023. This book is authored by S.S. Gupta & is divided into seven divisions, namely: • Basic Concepts • Exemption & Other Levies • Export & Import of Goods and Services • Procedures • Input Tax Credit • Appeals • Acts/Rules/Notifications/Circulars & Clarifications The detailed contents of the book are as follows: • Division One – Basic Concepts o Introduction & Basic Concepts o Constitutional Amendment o Transitional Provisions o Meaning & Scope of Supply and Levy of GST o Definition & Principle of Classification o Non-Taxable Supplies o Payment under Reverse Charge o Time of Supply & Change in Rate of Tax o Place of Supply o Value of Supply o Job Work, Scrap & Waste Generated at Job-Worker o Electronic Commerce Operator & Collection of Tax at Source o Tax Deducted at Source • Division Two – Exemption & Other Levies o Exemptions o Union Territory Goods & Services Tax o GST (Compensation to States) Act o Cess o Composition levy • Division Three – Export & Import of Goods and Services o Export of Goods, Services and Export Incentives o Deemed Exports, including EOU, STP o Special Economic Zone o Import of Goods & Services o Administration & Registration • Division Four – Procedures o Taxable Person, Tax Invoice, Credit & Debit Notes & E-Way Bill o Payment of Tax and Interest – Computation of Tax Liability o Returns o Assessment o Demand, Recovery and Adjudication o Refund of Taxes o Audit of Assesses's Accounts o Penalties, Confiscation & Fine o Arrest, Prosecution and Compounding o Advance Ruling o Inspection, Search & Seizure o Liability to Pay in Certain Cases o Goods and Services Tax Practitioners Scheme & Provisional Attachment o Anti-Profiteering Measure o Residual Matters • Division Five – Input Tax Credit o Introduction to Input Tax Credit o Input o Input Service o Capital goods o Utilization of Input Tax Credit o Conditions, Time Limit and Documents for Availment of Credit o Common Inputs and Input Services for Exempted and Taxable Supplies o Removal of Input, Capital Goods and Waste, including for Job-Work o Procedures and Records for Input Tax Credit o Input Service Distributor o Matching of Credit and Black Listing of Dealer o Recovery of Input Tax Credit o Miscellaneous Provisions • Division Six – Appeals o Appeal – General Provisions o Time Limit for Filing Appeal and Condonation of Delay o Pre-deposit of Duty for Entertaining Appeal o Departmental Appeal & Power of Revisional Authority o Appeal to Appellate Authority o Appeal before Goods & Services Tax Appellate Tribunal o Order of Appellate Tribunal o Procedure before Appellate Tribunal o Powers and Limitations of Appellate Tribunal o Appeal before High Court o Appeal before Supreme Court • Division Seven – Acts/Rules/Notifications/Circulars & Clarifications o Central Goods and Services Tax Act 2017 o Integrated Goods and Services Tax Act 2017 o Union Territory Goods and Services Tax Act 2017 o Goods and Services Tax (Compensation to States) Act 2017 o Central Goods and Services Tax Rules 2017 o Integrated Goods and Services Tax Rules 2017 o Goods and Services Tax Compensation Cess Rules 2017 o Goods and Services Tax (Period of Levy and Collection of Cess) Rules 2022 o UTGST (Andaman and Nicobar Islands) Rules 2017 o UTGST (Chandigarh) Rules 2017 o UTGST (Dadra and Nagar Haveli) Rules 2017 o UTGST (Daman and Diu) Rules 2017 o UTGST (Lakshadweep) Rules 2017 o Notifications o Circulars & Clarifications o List of Prescribed Forms o List of Notifications o List of Circulars & Clarifications

Taxmann’s GST Input Tax Credit – Empowering readers with a thorough understanding of managing and optimising ITC under the GST regime to enhance compliance and operational efficiency | 2024

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Publisher : Taxmann Publications Private Limited
ISBN 13 : 9357786856
Total Pages : 32 pages
Book Rating : 4.3/5 (577 download)

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Book Synopsis Taxmann’s GST Input Tax Credit – Empowering readers with a thorough understanding of managing and optimising ITC under the GST regime to enhance compliance and operational efficiency | 2024 by : V.S. Datey

Download or read book Taxmann’s GST Input Tax Credit – Empowering readers with a thorough understanding of managing and optimising ITC under the GST regime to enhance compliance and operational efficiency | 2024 written by V.S. Datey and published by Taxmann Publications Private Limited. This book was released on 2024-05-07 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive guide on the Goods and Services Tax (GST), specifically focusing on the Input Tax Credit (ITC). It covers critical aspects of ITC, including: • Availment of ITC – Detailed guidelines on how to properly claim ITC • Reversal of ITC – Circumstances and cases under which ITC must be reversed • Refund of ITC – Processes and conditions for obtaining ITC refunds • Export Issues Relating to ITC – Handling ITC for exports, highlighting procedural details and legal considerations • Treatment of ITC for Exempted and Taxable Supplies – Explains the impact of ITC when dealing with both exempted and taxable supplies Additionally, the book analyses the eligibility criteria, necessary documentation, and timelines for claiming ITC. It elaborates on the procedural nuances that influence the utilisation of ITC, making it helpful for accountants, tax professionals, and business owners aiming to optimise tax liabilities and ensure compliance within their operations. The Present Publication is the 14th Edition and has been amended upto 4th April 2024. This book is authored by V.S. Datey and covers the following: • Introduction to GST and Overview of Tax Structure o Introduction to the Goods and Services Tax (GST) as a significant tax reform aimed at enhancing the ease of doing business and creating a single national market in India. o A detailed explanation of the dual GST model, which includes Central GST (CGST) for revenues to the central government, State GST (SGST) for revenues to state governments for intra-state transactions, and Integrated GST (IGST) for inter-state transactions, facilitating a seamless credit chain and nationwide tax credits. • Comprehensive Guide to GST Input Tax Credit (ITC) o Definition and Fundamental Principles of ITC § A detailed definition of Input Tax Credit allows businesses to deduct the amount of GST paid on purchases from their gross GST liability on sales, effectively avoiding the cascading effect of taxes o Eligibility Criteria for Availing ITC § In-depth discussion of the eligibility criteria required for availing ITC, including mandatory possession of a tax invoice or debit note issued by a registered supplier, actual receipt of goods and services, tax payment to the government by the supplier, and submission of GST returns o Documentation and Compliance for ITC § Exploration of the essential documentation required for claiming ITC, such as GST-compliant invoices, bills of entry, and other specified documents. Discussion on compliance measures necessary to maintain eligibility for ITC o Conditions and Restrictions on ITC Utilization § Analysis of specific conditions under which ITC can be utilised, including restrictions based on the type of goods and services used in business operations. Explanation of scenarios where ITC is not available, such as goods and services used for personal use or those exempted under GST o ITC Reconciliation and Audit Processes § Detailed process of ITC reconciliation which businesses must regularly perform to match ITC claims with the tax credits available in the GST portal. Discussion on the importance of audits in identifying discrepancies and ensuring compliance • Operational Impact of ITC on Business Finances o Cash Flow Improvement Through Effective ITC Management § Discussion on how effective management of ITC can lead to significant improvements in business cash flows by reducing the outflow of cash for tax payments o Pricing Strategy Adjustments Leveraging ITC § Analysis of how businesses can adjust their pricing strategies based on the effective cost reduction achieved through ITC, potentially lowering prices or improving margins • Challenges in Managing ITC o Common Compliance Challenges § Exploration of common challenges businesses face in managing ITC, such as maintaining accurate records, ensuring timely receipt of goods and services, and dealing with supplier compliance issues o ITC Fraud Prevention and Control § Examination of potential fraud scenarios in ITC claims and the mechanisms put in place by authorities to detect and prevent such issues, ensuring a fair and transparent tax system • Legal Framework and Case Studies o Recent Legal Amendments and Their Impact on ITC § Overview of recent legislative changes affecting ITC, including amendments to GST laws and rules that impact the way ITC is claimed and utilised o Judicial Precedents Influencing ITC Policies § Discussion of key court cases and judicial decisions that have influenced the interpretation and application of ITC rules, helping to resolve ambiguities and set precedents for handling complex ITC issues o Case Studies Demonstrating ITC in Action § Inclusion of real-world case studies from various sectors showing the application of ITC and how businesses navigate challenges and leverage ITC for tax planning and financial efficiency

Taxmann's GST Acts | Flexi-bound [Pocket] Edition – Authoritative Text of the Amended GST Acts—CGST | IGST | UTGST Acts & GST (Compensation to States) Act with Detailed Annotations for Quick Reference

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Author :
Publisher : Taxmann Publications Private Limited
ISBN 13 : 9364551648
Total Pages : 15 pages
Book Rating : 4.3/5 (645 download)

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Book Synopsis Taxmann's GST Acts | Flexi-bound [Pocket] Edition – Authoritative Text of the Amended GST Acts—CGST | IGST | UTGST Acts & GST (Compensation to States) Act with Detailed Annotations for Quick Reference by : Taxmann

Download or read book Taxmann's GST Acts | Flexi-bound [Pocket] Edition – Authoritative Text of the Amended GST Acts—CGST | IGST | UTGST Acts & GST (Compensation to States) Act with Detailed Annotations for Quick Reference written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-10-29 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book combines editorial excellence and printing precision, merging authoritative GST content with a user-friendly pocket format. It provides a concise and authoritative compilation of the following GST Acts in a convenient pocket-sized format: • Central Goods & Services Tax (CGST) Act, 2017 • Integrated Goods & Services Tax (IGST) Act, 2017 • Union Territories Goods & Services Tax (UTGST) Act, 2017 • Goods & Services Tax (Compensation to States) Act, 2017 Each Act has been amended, updated, and annotated to provide the text in a compact, easy-to-carry format, perfect for quick reference and everyday use. What sets it apart is the Annotation under each Section, which shows: • Relevant Rules framed under the relevant Section • Reference to Relevant Forms prescribed • Date of enforcement of provisions • Reference to Relevant Notifications • Allied Laws referred to in the Section The high-quality flexi-bound cover and innovative lay-flat design ensure durability, flexibility, and ease of use, making it perfect for frequent reference and study. This book is helpful for professionals, legal practitioners, academicians, and businesses. The readers also get a specially curated GST Guide along with the above. The Present Publication is the 2025 Edition, amended by the Finance (No. 2) Act, 2024 [enforced with effect from 27-9-2024 & 1-11-2024]. This book is edited by Taxmann's Editorial Board, with the following noteworthy features: • [User-Friendly Format] o Flexi-bound Cover § Combines the sturdiness of a hardcover with the flexibility of a paperback, ensuring the book can withstand daily use o Lay-flat Design § Engineered to stay open effortlessly, enhancing usability for seamless reading, annotation, and highlighting of critical sections o Compact Pocket Edition § Portable and lightweight, it is ideal for on-the-go professionals who need access to the GST laws at their fingertips o Dual-colour Printing § Enhances readability and highlights key sections for easier navigation • [Bestseller Series on GST Laws] Part of Taxmann's highly respected and widely acclaimed GST series • [Six-Sigma Approach] The content follows Taxmann's Six-Sigma approach, aiming for the highest standard of precision and zero error The contents of the book are as follows: • Specially curated Guide to GST Laws • Amended, Updated & Annotated Text [along with Subject Index & Validation Provisions] of the following: o Central Goods & Service Tax Act, 2017 o Integrated Goods & Service Tax Act, 2017 o Union Territories Goods & Service Tax Act, 2017 o Goods & Services (Compensation to States) Act, 2017

Taxmann's GST Acts with Rules [Bare Act] – Authoritative Text of the Amended GST Acts & Rules—CGST | IGST | UTGST & GST (Compensation to States) with Detailed Annotations for Quick Reference

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Author :
Publisher : Taxmann Publications Private Limited
ISBN 13 : 9364550307
Total Pages : 15 pages
Book Rating : 4.3/5 (645 download)

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Book Synopsis Taxmann's GST Acts with Rules [Bare Act] – Authoritative Text of the Amended GST Acts & Rules—CGST | IGST | UTGST & GST (Compensation to States) with Detailed Annotations for Quick Reference by : Taxmann

Download or read book Taxmann's GST Acts with Rules [Bare Act] – Authoritative Text of the Amended GST Acts & Rules—CGST | IGST | UTGST & GST (Compensation to States) with Detailed Annotations for Quick Reference written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-10-29 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains Amended, Updated & Annotated text of the following GST Acts & Rules: • Central Goods & Services Tax (CGST) o Act o Rules (as amended by the CGST (Second Amendment) Rules, 2024) • Integrated Goods & Services Tax (IGST) o Act o Rules • Union Territories Goods & Services Tax (UTGST) o Act • Goods & Services Tax (Compensation to States) o Act o Goods & Services Tax Compensation Cess Rules What sets it apart is the Annotation under each Section, which shows: • Relevant Rules framed under the relevant Section • Reference to Relevant Forms prescribed • Date of enforcement of provisions • Reference to Relevant Notifications • Allied Laws referred to in the Section The readers also get a specially curated GST Guide along with the above. The Present Publication is the 3rd Edition, amended by the Finance (No. 2) Act, 2024 [enforced with effect from 27-9-2024 & 1-11-2024] and covering CGST (Second Amdt.) Rules, 2024 [dated 8-10-2024]. This book is edited by Taxmann's Editorial Board, with the following noteworthy features: • [Taxmann's series of Bestseller Books] on GST Laws • [Follows the Six-Sigma Approach] to achieve the benchmark of 'zero error' The contents of the book are as follows: • Specially Curated Guide to GST Laws • Amended, Updated & Annotated Text [along with Subject Index & Validation Provisions] of the following: o Central Goods & Service Tax Act, 2017 [including CGST (Removal of Difficulties) Orders & Text of provisions of Allied Acts referred to in CGST Act] o Integrated Goods & Service Tax Act, 2017 o Union Territories Goods & Service Tax Act, 2017 o Goods & Services (Compensation to States) Act, 2017 • GST Rules o Central Goods & Service Tax Rules, 2017 o Integrated Goods & Service Tax Rules, 2017 o Goods and Services Tax Compensation Cess Rules, 2017