Preface

We are pleased to present third edition of our book 'GST Master Guide with Practice Compendium', an indispensable practice guide on the law of Goods and Services Tax. The book intends to cover practically the entire needs of the GST professionals. It is a product of a sort which the user would be willing to keep within their reach for being consulted much more often than perhaps any other title. The spectrum of coverage can be appreciated by having a look at the following eight parts of the book.

Part I

:

GST Ready Referencer

Part II

:

Specific Charts and Tables

Part III

:

GST Law Guide

Part IV

:

GST Procedures Guide

Part V

:

GST Notifications

Part VI

:

GST Circulars

Part VII

:

GST Orders

Part VIII

:

Advance Rulings

Part I of the Book is a ready referencer of the important due dates, limitation periods, rates of tax on services, exempted services, goods and services covered under RCM, waiver of late fee for different periods for different class of taxpayers, etc.,  presented in the form of some practice oriented charts and tables.

Part II titled Specific Charts and Tables, contains presentation in tabular form of some important aspects of the GST law i.e., persons required to get registered, meaning of supply, activities regarded as supply of services, activities regarded as supply of goods, determination of place of supply in respect of goods as well as services.

Part III of the Book titled GST Law Guide provides an overview of substantive provisions of the GST law in its various chapters. The text of each chapter is presented in the form of Questions and Answers format for the sake of better appreciation of various issues discussed therein. The text stands updated as per the amendments brought in by the Finance Act, 2020 and also by the Notifications, Circulars and Orders issued till 30th July, 2020.

Part IV of the Book titled GST Procedural Guide provides a practical and step-by-step guide in respect of all procedures envisaged under the GST law, like, registration, payment of tax, taking of input tax credit,  furnishing of returns, refund of GST, e-way bill, appeal and advance Ruling, etc. This part is conceived and devised with a view to providing the readers a practical approach for complying with the procedural requirements envisaged under the GST law. This part is likely to be more frequently used by the readers, we believe.

Part V of the Book reproduces all rate and non-rate Notifications relating to CGST, IGST and Compensation Cess, issued during the period May, 2019 to July, 2020, in chronological order. 

Parts VI and VII of the Book contain reproduction of GST Circulars as well as Orders, issued during the period June, 2019 to July, 2020 respectively.

Part VIII of the Book provides digests of 436 important Advance Rulings pronounced by the Authority for Advance Rulings on various real life questions raised by the applicants. The full texts of the Advance Rulings are provided on our supporting web-site. These advance rulings would serve as a guiding resource on the important issues as having recently arisen after coming into force of the GST regime. 

In sum, this Book practically presents the entire spectrum of GST law in scientifically devised Chapters. Contentwise it comprises almost everything of interest, besides conforming to the highest standards of accuracy, authenticity and thoroughness. It deals at length with totality of the legal and procedural aspects pertaining to the GST law, at a competitive price.

Notwithstanding the best of care, likelihood of certain short-comings creeping into cannot be ruled out. We solicit creative feedback from our learned readers bringing to our notice any mistakes, errors, omissions or discrepancies, as and when noticed.

JODHPUR

Dr. AVADHESH OJHA

3 AUGUST, 2020

CA. SATYADEV PUROHIT

RAKSHA BANDHAN