Centax GST Tariff of India (16th edition)(Set of 2 volumes)

3195

This book provides complete details about the Taxability & GST Rates for Goods & Services. It also includes a Ready Reckoner for GST Rates, GST Notifications, Advanced Rulings & Case Laws.

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Description

This book provides complete details about the Taxability & GST Rates for Goods & Services. It also includes a Ready Reckoner for GST Rates, GST Notifications, Advanced Rulings & Case Laws. Lastly, it incorporates basic details, such as:

  • How to use GST Tariff?
  • How to Calculate Tax under GST
    • Introduction to GST Tariff
    • Classification of Goods & Services under GST
  • List of Nil Rated/Exemption/Non-Taxable Goods under CGST, IGST, SGST & UTGST
  • List of Nil Rated/Exemption/Non-Taxable Services under CGST, IGST, SGST & UTGST
  • Exemption to Small Taxpayers with annual turnover up to INR 40 Lakh/20 Lakh/10 Lakh (Threshold Exemption)
  • Composition Scheme for payment of 1% or 5% GST on Annual Turnover of Goods and Restaurant Service up to INR One and a half crore/75 lakh in a Financial Year
  • New Composition Scheme w.e.f. 1-4-2019 for intra-State supplies of services or goods or both on payment of 6% GST (3% CGST + 3% SGST) on Annual Turnover up to INR 50 lakh in a Financial Year for taxpayers not covered under the existing composition scheme for goods and Restaurant services

o   Statutory Provisions for GST levy, Rate of Tax, Exemptions —CGST Act, 2017 (Extracts)

o   Interpretative Rules, as applicable to GST Tariff

o   List of Abbreviations used in the Tariff

The Present Publication is the 16th Edition, amended by the Finance Act 2022 & incorporates Notifications issued till 02-08-2022. This book is authored by R.K. Jain & consists of 9 parts.

  • Part 1 – GST Tariff | Goods (GST Rates up to 8 Digits of HSN/Customs Tariff & Exemptions under CGST, SGST, UTGST & IGST)
    • Rates Specified in Other Acts
  • Part 2 – Notifications | GST Rates & Exemption for Goods
  • Part 3 – GST Tariff | Services (Chapter 99)
  • Part 4 – Integrated Goods and Services Tax (IGST)
    • Notifications issued under IGST
  • Part 5 – GST Rates | Ready Reckoner for Goods (Ready Reckoner for GST Rates for Goods under CGST, SGST, UTGST & IGST)
  • Part 6 – Compensation Cess for States & Other Cesses for Goods & Services
  • Part 7 – Reverse Charge Mechanism for Goods & Services
  • Part 8 – Commodity Index with HSN Codes
  • Part 9 – Chronological List of Basic Notifications

The coverage of the book is as follows:

  • Eight digits HSN wise CGST/SGST/UTGST/IGST rates applicable on supply of goods and services
  • Compensation Cess
  • Goods and services which are exempt from GST
  • Goods and services which are subject to Reverse Charge liability
  • All relevant Advance Rulings, Case Laws & department clarifications on the classification of goods and services and rates of GST
  • Updated text of relevant GST Notifications
  • Composition Scheme
  • Alphabetical list of services
  • Commodity index with codes
  • Explanatory Notes to Scheme of Classification of Services under GST
  • Relevant provisions of GST legislation relating to levy, exemption, rate of tax etc.