This book provides a 'basic working knowledge' of the GST mechanism, right from understanding the GST process, to the procedure and payment of tax & penalties under the law.

This book will be helpful for beginners, students & professionals who wish to understand the concepts of GST Law in a simplified manner.

The Present Publication is the 4th Edition and has been amended by the Finance Act 2023. This book is authored by CA Akhil Singla & Adv. Pavan Kumar Gaur, with the noteworthy features:

• [Step-by-Step Guide] for a basic understanding of GST law & compliances

• [Lucid & Simple Language] to explain the entire GST process

• [FAQs, Examples, Flow Charts & Diagrams] are used to aid the learning process

• [GST Compliance Chart] for April 2022 – March 2023

• [Coverage of GST Amendments] made by the Finance Act 2023

The contents of the book are as follows:

• Levy and Collection on Supply

• Nature of Supply

• Time and Value of Supply

• Input Tax Credit (ITC)

• GST Registration & Types of Taxpayers

• Composition Scheme under GST (Section 10)

• Tax Invoice, Credit & Debit Notes

• E-Way Bill

• Accounts & Records

• GST Returns

• Payment of Tax & other Dues

• Zero Rated Supply & Refund

• Assessment and Audit

• Offences & Penalties