About the Book

Introduction of Goods and Services Tax (GST) is perceived as the biggest tax reform of independent India. GST would subsume many indirect tax laws enacted by the Union and States. With the dynamic developments around GST, the present Government is keen to roll out GST from 1st April 2017. This Edition provides an insight into the concept of GST and its impact on trade and industry. It serves as a guide to tax payers and prepares them for smooth transition from present regime. The book extensively discusses the Model GST Law released by the Government and draft rules and business processes. Recommendations on law, administration, procedures and policy have been made with a commitment to ensure simplicity, certainty, clarity and transparency in GST law by providing sufficient inputs to the Law and policy makers.

Key features

Discussion under various provisions under CGST, SGST and IGST of Model GST Law, 2016
Analysis of provisions by comparing the Old statute and Model GST Law
Elucidating GST concepts and procedures
Examining some of the significant transactions (E-commerce, Works Contract, Hire-purchase, Lease and Right to Use, Job Work, Slump Sale, etc.) and impact of GST
Highlighting Transitional challenges
Frequently asked Questions (FAQs) on Goods and Services Tax (GST)
Incorporating Draft GST Rules, Forms and Formats

More Details about Goods and Services Tax - A Primer

General Information  
Author(s)CA Madhukar Hiregange and Mr Naveen Kumar
PublisherCCH India
Edition2nd Edition 2016
Publish YearOctober 2016