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GST Ready Reckoner

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Book Details
TitleGST Ready Reckoner
ISBN978-81-9690-005-2
Edition9th edn., 2024
Pages1278
AuthorsCA. Ashok Batra
PublisherBharat Publishers
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Description

Dive into the latest edition (9th edn., 2024) of the ‘GST Ready Reckoner’ authored by CA. Ashok Batra and published by Bharat Publishers. This extensive guide spanning 1278 pages provides comprehensive insights into GST compliance, practice, and procedure. With detailed content covering GST Referencer, Practice and Procedure, Exempted Goods and Services, GST Rates, and a comprehensive list of Notifications/Circulars/Orders, this ready reckoner serves as an invaluable resource for professionals and enthusiasts alike. Take advantage of a flat 27% discount for a limited period, accompanied by free shipping. Don’t miss out on this essential guide to navigating the complexities of GST.

CONTENTS AT A GLANCE

Bharat?5
Preface to the Ninth Edition7
Detailed Contents13
Glossary [Acronyms]25
Highlights of amendments made by the Finance Bill, 202433
Division 1
Referencer
GST Compliance Calendar for January, 2024 to March, 202513
Referencer 1Meanings of various terms1.19
Referencer 1AMeanings of legal words, maxims/phrases1.145
Referencer 1BRules of interpretation of statutes including Doctrines1.157
Referencer 1CList of section-wise/rule-wise commentary in different Chapters1.159
Referencer 2Extension of due dates for different returns1.160
Referencer 3State/UT Codes1.175
Referencer 4Rate of interest payable under different situations1.176
Referencer 5Important points regarding Summons under section 70 of the CGST Act1.179
Referencer 6Penalties, late fee and fine under GST Act(s)1.187
Referencer 7Illustrative cases in which penalty or late fee has been waived1.196
Referencer 8Prosecution under GST Act(s) – Sections 132 and 1331.203
Referencer 9Various forms under GST1.207
Referencer 10Different types of persons under GST1.219
Referencer 11Various types of supply under GST1.221
Referencer 12Suggestive Format of Tax Invoice, Bill of Supply, Receipt Voucher, Refund Voucher Etc.1.226
Referencer 13Scheme of broad classification of goods under GST1.237
Referencer 14Scheme of broad classification of services under GST1.241
Referencer 15List of topic-wise Circulars/Instructions/Guidelines etc.1.246
Referencer 16Supply of Goods under Reverse Charge Mechanism1.273
Referencer 17Supply of Services under Reverse Charge Mechanism1.275
Division 2
Practice and Procedure
Chapter 1Introduction and Overview of GST2.3
Chapter 2Concept of Supply Including Intra-State & Inter-State Supply2.11
Chapter 3Place of Supply of Goods or Services or Both2.29
Chapter 4Zero-Rated Supply (Including Exports) and Imports2.43
Chapter 5Levy of Tax2.52
Chapter 6Registration2.70
Chapter 7Electronic Commerce including TCS2.125
Chapter 8Valuation of Taxable Supply2.133
Chapter 9Input Tax Credit2.146
Chapter 10Time of Supply and Payment of Tax2.189
Chapter 11Reverse Charge under GST2.225
Chapter 12Tax Invoice, Credit and Debit Notes2.243
Chapter 13Returns2.270
Chapter 14Refunds2.342
Chapter 15Accounts and Records2.386
Chapter 16Offences, Penalties and Prosecution2.394
Chapter 17Assessment under GST2.422
Chapter 18Audit under GST2.428
Chapter 19Inspection, Search, Seizure, Arrest and E-Way Rules2.444
Chapter 20Demands and Recovery2.477
Chapter 21Appeals and Revision2.512
Chapter 22Advance Ruling2.542
Chapter 23Liability to pay in certain cases2.554
Division 3
Exempted Goods and GST Rates on Goods
Part AExempted goods under GST Acts namely CGST Act, IGST Act and respective SGST Acts3.3
Part bExempted Goods under IGST Act only3.30
Part cCGST Rates of Goods with HSN Codes3.31
Part dExemption from compensation cess on supply of goods3.210
Part eCompensation Cess rates on supply of specified goods3.211
Division 4
Exempted Services and GST Rates on Services
Part AExempted Services under CGST, IGST and SGST Acts4.3
Part BExempted services under IGST Act Only4.42
Part CCGST rates of services with accounting codes4.45
Part DScheme of Classification of Services4.108
Part ECompensation cess rates on services4.128
Division 5
List of Notifications/Circulars/ Orders/
ROD Orders/Press Releases
Part AList of Central Tax [CT] Notifications5.3
Part BList of Central Tax (Rate) Notifications5.27
Part CList of Integrated Tax [IT] Notifications5.35
Part DList of Integrated Tax (Rate) Notifications5.37
Part EList of Compensation Cess Notifications5.46
Part FList of Compensation Cess (Rate) Notifications5.47
Part GList of Central Tax Circulars5.49
Part HList of Integrated Tax Circulars5.59
Part IList of Compensation Cess Circulars5.60
Part JList of Central Tax Orders5.61
Part KList of CGST (Removal of Difficulties) Orders5.63
Part LList of Instructions and Guidelines5.65
Part MList of press releases issued by CBIC5.67
Part NList of press releases issued by GSTN5.71
SUBJECT INDEXSI-1

DETAILED CONTENTS

Bharat?5
Preface to the Ninth Edition7
Contents at a glance9
Glossary [Acronyms]25
Highlights of amendments made by the Finance Bill, 202433
Division 1
Referencer
GST Compliance Calendar for January, 2024 to March, 20251..3
Referencer 1Meanings of various terms1.19
Referencer 1AMeanings of legal words, maxims/phrases1.145
Referencer 1BRules of interpretation of statutes including Doctrines1.157
Referencer 1CList of section-wise/rule-wise commentary in different Chapters1.159
Referencer 2Extension of due dates for different returns1.160
Referencer 3State/UT Codes1.175
Referencer 4Rate of interest payable under different situations1.176
Referencer 5Important points regarding Summons under section 70 of the CGST Act1.179
Referencer 6Penalties, late fee and fine under GST Act(s)1.187
Referencer 7Illustrative cases in which penalty or late fee has been waived1.196
Referencer 8Prosecution under GST Act(s) – Sections 132 and 1331.203
Referencer 9Various forms under GST1.207
Referencer 10Different types of persons under GST1.219
Referencer 11Various types of supply under GST1.221
Referencer 12Suggestive Format of Tax Invoice, Bill of Supply, Receipt Voucher, Refund Voucher Etc.1.226
Referencer 13Scheme of broad classification of goods under GST1.237
Referencer 14Scheme of broad classification of services under GST1.241
Referencer 15List of topic-wise Circulars/Instructions/Guidelines etc.1.246
Referencer 16Supply of Goods under Reverse Charge Mechanism1.273
Referencer 17Supply of Services under Reverse Charge Mechanism1.275
Division 2
Practice and Procedure
Chapter 1 Introduction and Overview of GST2.3
1.0Introduction2.3
1.1Features of GST2.3
1.2Integrated Goods and Services Tax2.4
 1.2.1Introduction2.4
 1.2.2Definition2.4
 1.2.3Adoption of “Dual GST” Model2.4
 1.2.4Scope of IGST2.4
 1.2.5Advantages of IGST model2.5
 1.2.6Application of the provisions of CGST Act, 2017 – Section 20 of the IGST Act2.5
 1.2.7Treatment of exports under IGST2.6
1.3Administration of GST2.7
 1.3.1Appointment of officers by the Government – Section 3 of the CGST Act, 20172.7
 1.3.2Appointment of officers by the Board – Section 4 of the CGST Act, 20172.7
 1.3.3Powers of officers – Section 5 – Enforceable with effect from 22.06.2017- N. No. 01/2017-CT (22.06.2017)2.7
 1.3.4Officers appointed under State/UT authorised to be ‘proper officer’ under CGST Act in certain circumstances – Section 6 – Enforceable with effect from 01.07.2017- N. No. 09/2017-CT(28.06.2017)2.8
1.4GST Portal Updates2.10
1.5List of relevant Circulars/Instructions/Guidelines2.10
Chapter 2 Concept of supply including Intra-State & Inter-State Supply2.11
2.0Introduction2.13
2.1Meaning and scope of supply – Section 7 of the CGST Act, 2017 – Enforceable with effect from 01.07.2017- N. No. 09/2017-CT (28.06.2017)2.13
 2.1.1Inclusions in the term ‘supply’ – Section 7(1)(a)2.13
 2.1.2Future supply shall also be covered2.13
 2.1.3Supply must be made for a ‘consideration’2.14
 2.1.4Supply must be made by a person2.14
 2.1.5Supply need not be made by one person to another2.14
 2.1.6Insertion of Section 7(1)(aa) with retrospective effect from 01.07.2017 — Section 108 Finance Act, 2021 – N. No. 39/2021-CT, dated 21.12.20212.14
 2.1.7Supply must be made in the course or furtherance of business — Section 7(1)(b)2.14
 2.1.8Supply includes import of services, for a consideration, whether or not in the course or furtherance of business – Section 7(1)(b)2.14
 2.1.9Activities specified in Schedule I, made or agreed to be made without a consideration – Section 7(1)(c)2.15
 2.1.9.1Permanent transfer or disposal of business assets where input tax credit has been availed on such assets – Paragraph 1 of Schedule I of the CGST Act, 20172.15
 2.1.9.2Supply of goods or services or both even if made without consideration between related persons or between distinct persons as specified in Section 25, when made in the course or furtherance of business – Paragraph 2 of Schedule I of the CGST Act, 20172.15
 2.1.9.3Supply of goods by a principal to his agent or vice versa – Paragraph 3 of Schedule I2.16
 2.1.9.4Import of services by a person, from a related person or from any of his other establishments outside India, in the course or furtherance of business – Paragraph 4 of Schedule I2.16
 2.1.10Activities to be treated as supply of goods or services – Section 7(1A) [notified with retrospective effect from 01.07.2017]2.16
 2.1.10.1Any transfer of the title in goods is a supply of goods – Paragraph 1(a) of Sch. II2.17
 2.1.10.2Any transfer of right in goods or of undivided share in goods without the transfer of title thereof, is a supply of services – Paragraph 1(b) of Schedule II2.17
 2.1 10.3Any transfer of title in goods under an agreement which stipulates that property in goods will pass at a future date upon payment of full consideration as agreed, is a supply of goods – Paragraph 1(c) of Schedule II2.17
 2.1.10.4Any lease, tenancy, easement, license to occupy land is a supply of services – Paragraph 2(a) of Schedule II2.17
 2.1.10.5Any lease or letting out of the building for business or commerce is a supply of services – Paragraph 2(b) of Schedule-II2.17
 2.1.10.6Any treatment or process which is applied to another person’s goods is a supply of services – Paragraph 3 of Schedule II2.18
 2.1.10.7Transfer or disposal of goods forming part of business assets is a supply of goods – Paragraph 4(a) of Schedule II2.18
 2.1.10.8Good held or used for business purposes are put to any private use or are used or made available to any person for use, the usage or making available of such goods to any person is a supply of services – Paragraph 4(b) of Schedule II2.18
 2.1.10.9When any person ceases to be a taxable person, any goods forming part of the assets of any business carried on by him is deemed to be supplied by him – Paragraph 4(c) of Schedule II2.18
 2.1.10.10Renting of immovable property is treated as supply of services – Para 5(a) of Schedule II2.18
 2.1.10.11Construction of a complex, building or civil structure or part thereof is treated as supply of services – Paragraph 5(b) of Schedule-II2.19
 2.1.10.12Temporary transfer or permitting the use or enjoyment of any intellectual property right is treated as supply of services – Paragraph 5(c) of Schedule II2.19
 2.1.10.13Development, Design etc. of IT software is treated as supply of services –Paragraph 5(d) of Schedule II2.20
 2.1.10.14Agreeing to the obligation to refrain from an act, or to tolerate an act or a situation, or to do an act shall be treated as supply of services – Paragraph 5(e) of Schedule II2.20
 2.1.10.15Transfer of the right to use any goods for any purpose for cash, deferred payment or other valuable consideration shall be treated as supply of services – Paragraph 5(f) of Schedule II2.21
 2.1.10.16Works contract in relation to any immovable property is treated as a supply of services – Paragraph 6(a) of Schedule II2.21
 2.1.10.17Composite supply of goods being food or any other article of human consumption or any drink for cash, deferred payment or other valuable consideration is treated as a supply of services – Paragraph 6(b) of Schedule II2.21
 2.1.10.18Supply of goods by any unincorporated association or body of persons to a member thereof for cash, deferred payment or other valuable consideration is treated as supply of goods – Paragraph 7 of Schedule II — Omitted retrospec-tively with effect from 01.07.2017 vide Section 122 of the Finance Act, 20212.21
 2.1.11Activities or transactions which shall not be treated as a “supply” — Section 7(2)2.21
 2.1.11.1Services by an employee to the employer in the course of or in relation to his employment – Paragraph 1 to Schedule III2.21
 2.1.11.2Services by any Court or Tribunal established under any law for the time being in force – Paragraph 2 to Schedule III2.22
 2.1.11.3Functions performed by the members of parliament, members of state legislature, members of panchayats, members of municipalities and members of other local authorities – Paragraph 3(a) to Schedule III2.22
 2.1.11.4Duties performed by any person who holds any post in pursuance of the provisions of the Constitution in that capacity – Paragraph 3(b) to Schedule III2.22
 2.1.11.5Duties performed by any person as a chairperson or a member or a director in a body established by the Central Government or a State Government or Local Authority and who is not deemed as an employee before the commencement of this clause – Paragraph 3(c), Schedule III2.22
 2.1.11.6Services of funeral, burial, crematorium or mortuary including transportation of the deceased – Paragraph 4 of Schedule III2.22
 2.1.11.7Sale of land and, subject to clause (b) of Paragraph 5 of Schedule II, Sale of Building – Paragraph 5 of Schedule III2.22
 2.1.11.8Paragraph 6 of Schedule III2.23
 2.1.11.9Supply of goods from a place in the non-taxable territory to another place in the non-taxable territory without such goods entering into India – Paragraph 7 of Schedule III – Deemed to have been inserted retrospectively with effect from 01.07.2017 – Section 159 of the Finance Act, 2023-N. No. 28/2023-CT (31.07.2023)2.23
 2.1.11.10Supply of warehoused goods to any person before clearance for home consumption – Paragraph 8(a) of Schedule III – Deemed to have been inserted retrospectively with effect from 01.07.2017 – Section 159 of the Finance Act, 2023 – N. No. 28/2023-CT(31.07.2023)2.24
 2.1.11.11Supply of goods by the consignee to any other person, by endorsement of documents of title to the goods, after the goods have been dispatched from the port of origin located outside India but before clearance for home consumption – Para 8(b) of Schedule III – Deemed to have been inserted retrospectively with effect from 01.07.2017 – Section 159 of the Finance Act, 2023- N. No. 28/2023-CT(31.07.2023)2.24
 2.1.12Notified activities or transactions undertaken by government neither to be treated as supply of goods nor supply of services – Section 7(2)(b)2.25
 2.1.13Power of the Government to specify the transactions to be treated as supply of goods or supply of services – Section 7(3)2.25
2.2Supply of goods in the course of inter-state trade or commerce — Section 7(1), Section 7(2) and Section 7(5) of the IGST Act2.26
2.3Intra-State Supply of Goods-Section 8(1) of the IGST Act2.26
2.4Determination of inter-state supply of services — Sections 7(3), 7(4) and 7(5) of the IGST Act2.27
 2.4.1Supply of Services in the Course of Inter-State Trade or Commerce – Section 7(3), Section 7(4) and Section 7(5) of the IGST Act2.27
2.5Intra-State Supply of Services – Section 8(2) of the IGST Act, 20172.27
 2.5.1Meaning of the term “establishments of distinct persons” – Explanation 1 to Section 8 of the IGST Act2.28
 2.5.2Meaning of the term “An establishment in any territory” – Explanation 2 to Section 8 of the IGST Act2.28
2.6Supplies in territorial waters – Section 9 of the IGST Act2.28
2.7List of relevant Circulars/Instructions/Guidelines2.28
Chapter 3 Place of supply of goods or services or both2.29
3.0Introduction2.29
3.1Necessity of having different provisions for place of supply of goods and services2.29
3.2Reasons for having separate provisions for place of supply in respect of B2B (supplies to registered persons) and B2C (supplies to unregistered persons) transactions2.29
3.3Place of supply of goods other than supply of goods imported into or exported from India – Section 102.30
3.4Place of supply of goods imported into, or exported from India – Section 11 of the IGST Act, 20172.31
3.5Place of supply of services where location of both supplier & recipient is in India – Section 12 of IGST Act, 20172.31
3.6Place of supply of services when either the location of the supplier of services or the location of the recipient of services is outside India – Section 13 of the IGST Act, 20172.37
3.7List of relevant Circulars/Instructions/Guidelines2.42
Chapter 4 Zero-Rated Supply (including Exports) and Imports2.43
4.0Introduction2.43
4.1Zero-Rated Supply- Section 16 of IGST Act, 20172.43
4.2Service provided outside India liable to IGST if consideration is not received in foreign exchange2.46
4.3Supplies by Special Economic Zone to Domestic Tariff Area2.47
4.4Procedure of export of supplies2.47
4.5Treatment of import of goods and services – Sections 7(2) and Section 7(4) of IGST Act2.49
4.6Import of services made on or after the appointed day – Section 21 of the IGST Act2.50
4.7List of relevant Circulars/Instructions/Guidelines2.51
Chapter 5 Levy of Tax2.52
5.0Introduction2.52
5.1Levy and collection of tax – Section 9 of the CGST Act, 2017 read with Section 5 of the IGST Act, 20172.52
5.2Tax liability on composite and mixed supplies – Section 82.55
5.3Composition Levy – Section 102.55
5.4Intimation for composition levy – Rule 32.61
5.5Effective date for composition levy – Rule 42.63
5.6Conditions and restrictions for composition levy – Rule 52.63
5.7Validity of composition levy – Rule 62.64
5.8GST Portal updates on composition levy2.64
5.9Levy and collection of compensation cess2.67
5.10List of relevant Circulars/Instructions/Guidelines2.69
Chapter 6 Registration2.70
6.0Introduction2.70
6.1Persons liable for registration – Section 22 – Applicable with effect from 22.06.20172.70
6.2GST Portal updates2.72
6.3Persons not liable for registration – Section 23 – Applicable with effect from 22.06.20172.73
6.4Compulsory registration in certain cases – Section 24 – Applicable with effect from 22.06.20172.76
6.5Procedure for registration – Section 25 – Applicable with effect from 22.06.20172.78
 6.5.1GST Portal updates on section 25 and relevant rules2.95
 6.5.2Mandatory Bank Account Details Submission as per law2.102
6.6Migration of persons registered under the existing law – Rule 242.103
6.7Deemed registration – Section 26-Applicable with effect from 22.06.20172.103
6.8Special provisions relating to casual taxable person and non-resident taxable person – Section 27- Applicable with effect from 22.06.20172.103
6.9Amendment of registration – Section 28- Applicable with effect from 22.06.20172.105
6.10Cancellation of registration/with effect from 01.02.2019 cancellation or suspension of registration – Section 29 – Applicable with effect from 22.06.20172.107
6.11Revocation of cancellation of registration – Section 30 – Applicable with effect from 22.06.20172.115
6.12Method of authentication – Rule 262.120
6.13GST Portal Updates on Rule 262.122
6.14Manner of retrieval of username/password of a registered person2.122
6.15Downloading of registration certificate2.122
6.16Procedure for making non- core and core amendments in registration certificate2.123
6.17List of relevant Circulars/Instructions/Guidelines2.124
Chapter 7 Electronic Commerce including TCS2.125
7.0Introduction2.125
7.1Meaning of Electronic Commerce2.125
7.2Collection of tax at source – Section 52 – Applicable with effect from 01.10.2018- N. No. 51/2018-CT (13.09.2018)2.125
7.3List of relevant Circulars/Instructions/Guidelines2.132
Chapter 8 Valuation of Taxable Supply2.133
8.0Introduction2.133
8.1Valuation of taxable supply – Section 152.133
8.2Value of supply of goods or services where the consideration is not wholly in money –  Rule 272.135
8.3Value of supply of goods or services or both between distinct or related persons, other than through an agent – Rule 282.136
8.4Value of supply of goods made or received through an agent – Rule 292.137
8.5Value of supply of goods or services or both based on cost – Rule 302.137
8.6Residual method for determination of value of supply of goods or services or both2.137
8.7Value of supply in case of lottery, betting, gambling and horse-racing – Rule 31A2.137
8.8Value of supply in case of online gaming including online money gaming-Rule 31B2.138
8.9Value of supply of actionable claims in case of casino-Rule 31C2.138
8.10Determination of value in respect of certain specified supplies – Rule 322.139
8.11Value of supply of services in case of pure agent – Rule 332.142
8.12Cumulative conditions to be satisfied by a pure agent – Rule 332.142
8.12.1Difference between “expenses” and “reimbursement”2.143
8.13Value of supply inclusive of integrated tax, central tax, state tax, union territory tax – Rule 352.143
8.14Manner of valuation in certain other cases2.143
8.15List of relevant Circulars/Instructions/Guidelines2.145
Chapter 9 Input Tax Credit2.146
9.0Introduction2.146
9.1Burden of proof regarding eligibility to claim ITC lies on the claimant- Section 1552.147
9.2Eligibility and conditions for taking input tax credit — Section 162.147
 9.2.1Registered person eligible to claim ITC subject to prescribed conditions and restrictions — Section 16(1)2.147
 9.2.2Cumulative conditions for availing eligible ITC by a registered person — Section 16(2)2.147
 9.2.3Tax credit not to be allowed if depreciation claimed on the component of tax — Section 16(3)2.154
 9.2.4Time limit for availing ITC in respect of any invoice or debit note for supply of goods or services or both — Section 16(4)2.154
9.3Apportionment of credit and blocked credits — Section 172.156
 9.3.1Proportionate input tax credit if goods or services or both are used partly for the purposes of business and partly for “other purposes” — Section 17(1)2.156
 9.3.2Proportionate input tax credit if goods or services or both are used partly for the purposes of making taxable supplies and partly for making exempt supplies — Section 17(2)2.157
 9.3.3Inclusions in value of exempt supply for the purpose of Section 17(2) — Section 17(3)2.157
 9.3.4Manner of determination of ITC in respect of inputs or input services and reversal thereof — Rule 422.158
 9.3.5Manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases — Rule 432.163
 9.3.6Option given to banking company or a financial institution in respect of availment of ITC — Section 17(4)2.170
 9.3.7 Blocked credits — Section 17(5)2.172
 9.3.8Division of credit under section 17(1) and section 17(2) as per Rule 42 and Rule 43 — Section 17(6)2.176
9.4Availability of ITC in special circumstances — Section 182.176
 9.4.1Credit availability in specified special circumstances — Section 18(1)2.176
 9.4.2No tax credit after the expiry of one year from the date of issue of tax invoice – Section 18(2)2.179
 9.4.3Transfer of ITC in case of change in the constitution of a registered person – Section 18(3)2.179
 9.4.4Payment of ITC where the supplier shifts from regular scheme to composition levy or where supplies made by supplier become wholly exempt — Section 18(4)2.180
 9.4.5Manner of calculation of the amount of credit under Section 18(1) and the amount payable under Section 18(4) — Section 18(5)2.181
 9.4.6Payment of input tax credit or payment of tax on transactional value of capital goods etc. — Section 18(6)2.181
9.5Taking ITC in respect of inputs and capital goods sent for job-work — Section 192.182
9.6Manner of distribution of credit by Input Service Distributor — Section 202.184
9.7Manner of recovery of credit distributed in excess — Section 212.187
9.8Special procedure for availing ITC for corporate debtors undergoing the corporate insolvency resolution process with effect from 21.03.20202.187
9.9Utilisation of ITC in respect of compensation cess for payment of compensation cess only-Proviso to Section 11(2) of the GST (Compensation to States) Act, 20172.188
9.10List of relevant Circulars/Instructions/Guidelines2.188
Chapter 10 Time of Supply and Payment of Tax2.189
10.0Introduction2.189
10.1Time of supply of goods – Section 122.189
10.2Time of supply of services – Section 132.191
 10.2.1Time of supply in case of a registered person engaged in supply of construction services against transfer of development rights and vice-versa2.192
 10.2.2Time of supply in case of specified registered persons engaged in supply of construction services2.193
10.3Change in rate of tax in respect of supply of goods or services – Section 142.193
10.4Payment of tax, interest, penalty and other payments – Section 492.194
10.5Interest on delayed payment of tax – Section 502.212
10.6GST Portal Updates on Section 502.219
10.7Tax deduction at source – Section 51 – Applicable with effect from 01.10.20182.219
10.8Collection of Tax at Source – Section 52 – Applicable with effect from 01.10.20182.221
10.9Special provision for payment of tax by the supplier of OIDAR services – Section 14 of the IGST Act, 20172.222
10.10Special provision for specified actionable claims supplied by a person located outside taxable territory- Section 14A of the IGST Act, 20172.223
10.11Transfer of input tax credit – Section 532.223
10.12Transfer of certain amounts – Section 53A2.224
10.13List of relevant Circulars/Instructions/Guidelines2.224
Chapter 11 Reverse Charge under GST2.225
11.0Introduction2.225
11.1Analysis of reverse charge provisions – Sections 9(3) and section 9(4) of the CGST Act/Section 5(3) & Section 5(4) of the IGST Act2.225
11.2List of relevant Circulars/Instructions/Guidelines2.242
Chapter 12 Tax Invoice, Credit and Debit Notes2.243
12.0Introduction2.243
12.1Tax Invoice (including a revised tax invoice) – Section 312.243
12.2Particulars of tax invoice, bill of supply and other related documents2.247
12.3Powers of Board in respect of HSN code to be mentioned in a tax invoice- First proviso to Rule 462.253
12.4Specific endorsement and specified particulars included in a tax invoice in case of export of goods or Services-Third proviso to Rule 462.255
12.5E-invoicing under GST2.255
12.6Other important rules in respect of tax invoice etc.2.265
12.7Prohibition on unauthorized collection of tax – Section 322.268
12.8Amount of tax indicated in tax invoice and other documents – Section 332.268
12.9Credit and debit notes – Section 342.268
12.10 List of relevant Circulars/Instructions/Guidelines2.269
Chapter 13 Returns2.270
13.0Introduction2.271
13.1Furnishing details of outward supplies – Section 37 enforceable with effect from 01.07.20172.271
 13.1.1Furnishing details of outward supplies – Section 37(1)2.271
 13.1.2Acceptance or rejection of amendment in details by the supplier – Section 37(2)2.272
 13.1.3Rectification of error or omission in furnishing details of outward supply under Section 37(3)2.272
 13.1.3ATax-period wise sequential furnishing of Form GSTR-1- Section 37(4) – Inserted with effect from 01.10.2022- Section 103 of the Finance Act, 20222.273
 13.1.3BThree-year time limit for furnishing of Form GSTR-1-Section 37(5) – Inserted with effect from 01.10.2023- Section 142 of the Finance Act, 2023- N. No. 28/2023-CT (31.07.2023)2.273
 13.1.4Form and manner of furnishing details of outward supplies – Rule 592.273
 13.1.5Format of the GSTR-12.276
13.2Furnishing details of inward supplies – Section 38 enforceable with effect from 01.07.20172.282
 13.2.1Verification of details communicated under section 37(1) by the recipient of supplies2.282
 13.2.2Contents of auto-generated statement– Substituted Section 38(2)2.282
 13.2.3Communication of amendment in details by the recipient of supplies – Section 38(3)2.283
 13.2.4Communication of amendment in details by the recipient of supplies being composition supplier or input service distributor – Section 38(4)2.284
 13.2.5Rectification of error or omission in furnishing details of inward supply – Section 38(5)2.284
 13.2.6Form and manner of furnishing details of inward supplies – Rule 602.284
13.3Furnishing of returns – Section 39 enforceable with effect from 01.07.20172.286
 13.3.1Furnishing of monthly return in FORM GSTR-3/GSTR-3B –Section 39(1)2.286
 13.3.1A Form and manner of submission of monthly return- Rule 612.287
 13.3.1BQuarterly Return Monthly Payment (QRMP) Scheme – Rule 61A2.292
 13.3.2Returns by a person paying tax under composition levy – Section 39(2)2.299
 13.3.3Monthly return by a person liable for deducting tax at source in FORM GSTR 7 – Section 39(3)2.303
 13.3.4Monthly return by an input service distributor – Section 39(4)2.305
 13.3.5Monthly return by a non-resident taxable person – Section 39(5)2.305
 13.3.6Extension of time limit for furnishing returns under Section 39 –Section 39(6)2.307
 13.3.7Tax to be paid on or before last date of furnishing return – Section 39(7)2.307
 13.3.8Compulsory furnishing of returns even in case of no supply during a tax period – Section 39(8)2.308
 13.3.9Rectification of omission or incorrect particulars furnished in the return – Section 39(9)2.308
 13.3.10Prohibition on furnishing return for a tax period in case of failure to furnish Form GSTR-3B or Form GSTR-1 for one or more previous tax periods – Section 39(10)2.309
 13.3.11Three-year time limit for furnishing return-Section 39(11) – Inserted with effect from 01.10.2023- Section 143 of the Finance Act, 2023- N. No. 28/2023-CT (31.07.2023)2.309
 13.3.12Relevant Judicial Pronouncements on GSTR-3B2.319
13.4First return – Section 40 enforceable with effect from 01.07.20172.320
13.5Availment of input tax credit – Section 412.320
13.6Matching, reversal and reclaim of input tax credit – Section 422.320
13.7Matching, reversal and reclaim of reduction in output tax liability – Section 432.324
13.8Procedure for furnishing return and availing ITC – Section 43A2.328
13.9Annual Return – Section 44 enforceable with effect from 01.07.20172.329
13.10 Final Return – Section 45 enforceable with effect from 01.07.20172.334
13.11 Notice to return defaulters – Section 46 enforceable with effect from 01.07.20172.335
13.12Levy of Late Fee – Section 47 enforceable with effect from 01.07.20172.336
13.13Goods and services tax practitioners – Section 48 enforceable with effect from 01.07.20172.338
 13.13.1GST Portal Updates on GST Practitioner2.341
13.14List of relevant Circulars/Instructions/Guidelines2.341
Chapter 14 Refunds2.342
14.0Introduction2.342
14.1Refund of Tax – Section 542.343
14.2Refund in certain cases – Section 552.357
14.3Interest on delayed refunds – Section 562.358
14.4Consumer Welfare fund – Section 572.359
14.5Utilisation of Consumer Welfare Fund – Section 582.359
14.6Refund of integrated tax to international tourist – Section 15 of the IGST Act [to be read with Rule 95A]2.359
14.7Application for refund of tax, interest, penalty, fees or any other amount – Rule 89 [to be read with Section 54]2.360
14.8Acknowledgement – Rule 90 [to be read with Section 54]2.370
14.9Grant of provisional refund – Rule 91 [to be read with Section 54]2.371
14.10Order sanctioning refund – Rule 92 [to be read with Section 54]2.372
14.11Credit of the amount of rejected refund claim –Rule 93 [to be read with Section 54]2.375
14.12Order sanctioning interest on delayed refunds – Rule 94 [to be read with Section 56]2.375
14.13Refund of tax to certain persons – Rule 95 [to be read with Section 55]2.376
14.14Refund of taxes to the retail outlets established in departure area of an international airport beyond immigration counters making tax free supply to an outgoing international tourist – Rule 95A inserted with effect from 01.07.2019 but omitted retrospectively with effect from 01.07.2019 vide N. No. 14/2022-CT (05.07.2022)2.376
14.15Refund of integrated tax paid on goods or services exported out of India – Rule 962.377
14.16Export of goods or services under bond or Letter of Undertaking – Rule 96A2.382
14.17Recovery of refund of unutilised ITC or integrated tax paid on export of goods where export proceeds are not realised — Rule 96B2.384
14.18Bank Account for credit of refund- Rule 96C2.384
14.19Consumer Welfare Fund – Rule 972.385
14.20Taxpayers exempted from indirect taxes in Pre-GST regime shall first pay taxes under GST Regime and then get refund of taxes paid2.385
14.21Manual filing and processing – Rule 97A2.385
14.22Refund of Compensation Cess – Section 9(2) of the GST (Compensation to States) Act, 20172.385
14.23List of relevant Circulars/Instructions/Guidelines2.385
Chapter 15 Accounts and Records2.386
15.0Introduction2.386
15.1Accounts and Other Records – Section 352.386
 15.1.1Rules regarding maintenance of accounts – Rules 56 to 582.388
 15.1.2Conduct of GST audit state-wise2.391
15.2Period of retention of accounts – Section 362.392
 15.2.1List of relevant Circulars/Instructions/Guidelines2.393
 
Chapter 16 Offences, Penalties and Prosecution2.394
16.0Introduction2.394
16.1Penalty for certain offences – Section 1222.395
16.2Penalty for beneficiary and the person at whose instance any of the specified transactions is carried out – Insertion of section 122(1A) inserted with effect from 01.01.2021 – Section 126 of the Finance Act, 20202.399
16.2APenalty for Electronic Commerce Operators in case of contravention of provisions relating to supplies made through them- Section 122(1B) inserted with effect from 01.10.2023-Section 155 of the Finance Act, 2023 -N.No. 28/2023-CT (31.07.2023)2.400
16.3Penalty for failure to furnish “information return” – Section 1232.400
16.4Fine for failure to furnish statistics – Section 1242.400
16.5General penalty – Section 1252.400
16.6General disciplines related to levy of Penalty – Section 1262.401
16.7Power to impose penalty in certain cases after giving a reasonable opportunity of being heard – Section 1272.401
16.8Power to waive penalty or late fee or both – Section 1282.402
16.9Detention, seizure and release of goods and conveyances in transit – Section 1292.402
16.10Confiscation of goods or conveyances and levy of penalty – Section 1302.406
16.11Confiscation or penalty not to interfere with other punishments – Section 1312.409
16.12Punishment for certain offences – Section 1322.409
16.13Liability of officers and certain other persons – Section 1332.413
16.14Cognizance of Offences – Section 1342.414
16.15Presumption of culpable mental state – Section 1352.414
16.16Relevancy of statements under certain circumstances – Section 1362.414
16.17Offences by Companies – Section 1372.415
16.18Compounding of Offences – Section 1382.415
16.18.1Procedure for compounding of offences – Rule 1622.419
16.19List of relevant Circulars/Instructions/Guidelines2.421
Chapter 17 Assessment under GST2.422
17.0Introduction2.422
17.1Types of Assessments2.422
17.1.1Self-assessment – Section 592.422
17.1.2Provisional Assessment – Section 602.422
17.1.3Other important aspects relating to provisional assessment2.423
17.1.4Procedure for making payment of tax on provisional basis – Rule 982.423
17.2Scrutiny of Returns – Section 612.424
17.2.1Procedure for scrutiny of returns – Rule 992.425
17.3Assessment of non-filers of returns – Section 622.425
17.4Assessment of unregistered persons – Section 632.426
17.5Summary Assessment – Section 642.427
17.6List of relevant Circulars/Instructions/Guidelines2.427
Chapter 18 Audit under GST2.428
18.0Introduction2.428
18.1Analysis of the term “Audit” – Section 2(13)2.428
18.2Types of Audits under GST2.430
18.2.12.430
18.2.2Audit by Tax Authorities – Section 652.431
18.2.3Special Audit – Section 662.433
18.3Conduct of GST Audit State-Wise2.434
18.4Appointing authority of GST auditor2.434
18.5Communication with previous auditor in case of change of GST Auditor2.434
18.6GST Auditor shall be deemed to be guilty of professional misconduct in specified situations2.435
18.7Specialised GST audits which may be conducted by a chartered accountant or a cost accountant2.435
18.8General checklist for a chartered accountant before accepting the appointment as an auditor2.435
18.9Important GST Points to be kept in mind while finalising financial statements for any financial year2.435
18.10GST Audit Programme2.440
18.11Removal of GST Auditor only on goods and substantial grounds related to his performance2.442
18.12Penal provisions for not getting the accounts audited – Section 47(2) and Section 1252.443
18.13GST Portal updates on Sections 35, 65 and 662.443
Chapter 19 Inspection, Search, Seizure, Arrest and E-Way Rules2.444
19.0Introduction2.444
19.1Power of inspection, search and seizure – Section 672.444
19.2Inspection of goods in movement – Section 682.450
19.3Power to arrest – Section 692.471
19.4Power to summon persons to give evidence and produce documents – Section 702.472
19.5Access to business premises – Section 712.475
19.6Officers to assist proper officers – Section 722.476
19.7List of relevant circulars2.476
19.8List of relevant Circulars/Instructions/Guidelines2.476
Chapter 20 Demands and Recovery2.477
20.0Introduction2.477
20.1Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason other than fraud or any wilful-misstatement or suppression of facts – Section 732.477
20.2Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised by reason of fraud or any wilful-misstatement or suppression of facts – Section 742.484
20.2AIndicative Guidelines for issuance of show cause notices (both under Sections 73 and 74) by Delhi GST Department, dated 01.02.20222.488
20.3General provisions relating to determination of tax – Section 752.489
20.4Tax collected but not paid to the Government – Section 762.492
20.5Tax wrongfully collected and paid to Central Government or State Government – Section 77 of the CGST Act/Section 19 of the IGST Act2.496
20.6Initiation of recovery proceedings – Section 782.496
20.7Modes of recovery of tax due to Government – Section 792.496
20.8Payment of tax and other amount in instalments – Section 802.506
20.9Transfer of property to be void in certain cases – Section 812.507
20.10Tax to be first charge on property – Section 822.507
20.11Provisional attachment to protect revenue in certain cases – Section 832.507
20.12Continuation and validation of certain recovery proceedings – Section 842.510
20.13Recovery from company in liquidation2.511
20.14List of relevant Circulars/Instructions/Guidelines2.511
Chapter 21 Appeals and Revision2.512
21.0Introduction2.512
21.1Appeals to Appellate Authority – Section 1072.512
21.2Powers of Revisional Authority – Section 1082.523
21.3Constitution of Appellate Tribunal and Benches thereof – Section 109 substituted with effect from 01.08.20232.525
21.4President and Members of Appellate Tribunal, their qualification, appointment, conditions of service, etc. – Section 110 substituted with effect from 01.08.20232.527
21.5Procedure before Appellate Tribunal – Section 1112.531
21.6Appeals to Appellate Tribunal – Section 1122.532
21.7Orders of Appellate Tribunal – Section 1132.535
21.8Financial and administrative powers of President – Section 114 substituted with effect 01.08.20232.536
21.9Interest on refund of amount paid for admission of appeal – Section 1152.536
21.10Appearance by Authorized Representative – Section 1162.536
21.11Appeals to High Court – Section 1172.537
21.12Appeals to Supreme Court – Section 1182.539
21.13Sums due to be paid notwithstanding appeal etc. – Section 1192.539
21.14Appeal not to be filed in certain cases – Section 1202.540
21.15Non-appealable decisions and orders – Section 1212.541
21.16List of relevant Circulars/Instructions/Guidelines2.541
 Chapter 22 Advance Ruling2.542
22.0Introduction2.542
22.1Authority for Advance Ruling – Section 962.543
22.2Application for Advance Ruling – Section 972.543
22.3Procedure on receipt of application – Section 982.544
22.4Appellate Authority for Advance Ruling – Section 992.546
22.5Appeals to the Appellate Authority – Section 1002.546
22.6Orders of the Appellate Authority – Section 1012.547
22.7Constitution of National Appellate Authority for advance ruling – Section 101A2.547
22.8Appeal to National Appellate Authority – Section 101B2.550
22.9Order of National Appellate Authority – Section 101C2.551
22.10Rectification of advance ruling – Section 1022.551
22.11Applicability of advance ruling – Section 1032.552
22.12Advance ruling to be void in certain circumstances – Section 1042.552
22.13Powers of Authority, Appellate Authority and National Appellate Authority2.553
22.14Procedure of the Authority, the Appellate Authority and the National Appellate Authority2.553
22.15List of relevant Circulars/Instructions/Guidelines2.553
Chapter 23 Liability to pay in certain cases2.554
23.0Introduction2.554
23.1Liability in case of transfer of business – Section 852.554
23.2Liability of agent and principal – Section 862.554
23.3Liability in case of amalgamation or merger of companies – Section 872.555
23.4Liability in case of company in liquidation – Section 882.555
23.5Liability of directors of private company – Section 892.556
23.6Liability of partners of firm to pay tax – Section 902.556
23.7Liability of guardians, trustees, etc. – Section 912.556
23.8Liability of Court of Wards, etc. – Section 922.557
23.9Special provisions regarding liability to pay tax, interest or penalty in certain cases – Section 932.557
23.10Liability in other cases – Section 942.558
23.11List of relevant Circulars/Instructions/Guidelines2.558

Division 3

 Exempted Goods and GST Rates on Goods 
Part AExempted goods under GST Acts namely CGST Act, IGST Act and respective SGST Acts3.3
Part BExempted Goods under IGST Act only3.30
Part CCGST Rates of Goods with HSN Codes3.31

 

Part DExemption from compensation cess on supply of goods3.210
PART ECompensation Cess rates on supply of specified goods3.211

Division 4

 Exempted Services and GST Rates on Services 
Part AExempted Services under CGST, IGST and SGST Acts4.3
Part BExempted services under IGST Act Only4.42
Part CCGST rates of services with accounting codes4.45
Part DScheme of Classification of Services4.108
Part ECompensation cess rates on services4.128

Division 5

DivisionList of Notifications/Circulars/Orders/ ROD Orders/Press Releases 
Part AList of Central Tax [CT] Notifications5.3
Part BList of Central Tax (Rate) Notifications5.27
Part CList of Integrated Tax [IT] Notifications5.35
Part DList of Integrated Tax (Rate) Notifications5.37
Part EList of Compensation Cess Notifications5.46
Part FList of Compensation Cess (Rate) Notifications5.47
Part GList of Central Tax Circulars5.49
Part HList of Integrated Tax Circulars5.59
Part IList of Compensation Cess Circulars5.60
Part JList of Central Tax Orders5.61
Part KList of CGST (Removal of Difficulties) Orders5.61
Part LList of Instructions and Guidelines5.65
Part MList of press releases issued by CBIC5.67
Part NList of press releases issued by GSTN5.67
SUBJECT INDEXSI-1

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Bharat

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