Cover

Title Page

Copyright Page

CONTENTS

Preface

Chapter 1 Introduction

1.1 Introduction

1.2 The Need for GST

1.3 Objectives of GST

1.4 Constitution of India and The Goods and Services Tax Act

1.5 Evolution and Implementation of GST in India

1.6 Characteristics of GST

1.7 Composition of GST Law in India

1.8 Advantages of GST

1.9 Limitations of GST

1.10 Taxes Subsumed by GST

1.11 Important Definitions in CGST Act, 2017 1.12 Abbreviations used in the Context of GST

Review Questions

Chapter 2 Class, Powers, Function and Jurisdiction of Gst Officers and Institutions

2.1 Meaning of ‘Board’ (Section 2(16))

2.2 Class of Officers in the Administration of GST in India

2.3 Officers to Assist Proper Officers (Section 72)

2.4 Officers under the SGST Act, 2017

2.5 Jurisdiction of Proper Officers

2.6 Empowering Provisions in GST (Section 5)

2.7 Major Powers of the GST Officers in India

2.8 Specific Functions and Powers of the GST Officers under CGST Act

2.9 Cross-Empowerment Model in GST

2.10 GST Council

2.11 The Goods and Service Tax Network (GSTN)

2.12 Notification of the Common Goods and Services Tax Electronic Portal (Section 146)

2.13 Serving decision, Order, Summons, Notice or Other Communications (Section 169)

2.14 GST and Prevention of Anti-profiteering

2.15 Making General or Special Orders by the Central Government

Review Questions

Chapter 3 Registration

3.1 Meaning of Registration

3.2 Basic Concepts to be Understood for Registration

3.3 Aggregate Turnover (Section 2(6) & 22))

3.4 Threshold Limit

3.5 Amount of Threshold Limit (Section 22(1)) (As per Notification No. 10/2019, Dated 7-3-19)

3.6 Meaning of Normal/ ordinary States

3.7 Meaning of Special Category States

3.8 Types of Registration under CGST Act, 2017

3.9 Conditions and Procedure of Registration (Section 25) (Rules 8-10)

3.10 Process of Registration (Section 25) (Rules 8-10)

3.11 Process of making the Application Online

3.12 Documents to be Uploaded Along with the Application

3.13 Amendment of Registration (Section 28) (Rule 19)

3.14 Aadhaar Authentication

3.15 Suspension of Registration (Section 29(1)) (Rule 21A)

3.16 Cancellation of Registration (Section 29)

3.17 Revocation of Cancellation of Registration (Section 30) (Rule 23)

3.18 Notification of Certain Classes of Registered Persons (Section 148)

3.19 CGST Rules Governing Registration

Review Questions

Chapter 4 Scope, Nature and Types of Supply

4.1 Taxable Event in GST

4.2 Conditions or Elements that make a Supply the Taxable Event

4.3 Meanings and Definitions

4.4 Nature of Supply

4.5 The Establishments of Distinct Persons

4.6 Establishment in the Territory

4.7 Types of Supply

4.8 Job Work

4.9 Notification of Certain Supplies of Goods as Deemed Exports (Section 147)

Review Questions

Chapter 5 Place of Supply

5.1 Introduction

5.2 Classification of Supply of Goods and Services for Determining the Place of Supply

5.3 Classification of Supply Services for Determining the Place of Supply (Section 12 & 13)

5.4 Place of Supply for Supply of Goods

5.5 Liability to Pay Tax in Case of Online Information and Database Access or Retrieval Services (Section 14)

Review Questions

Chapter 6 Time and Value of Supply

6.1 Need of Time and Value of Supply

6.2 Classification of Supply of Goods to Determine the Time of Supply (Section 12)

6.3 Classification of Supply of Services to Determine the Time of Supply (Section 13)

6.4 Classification of Supply of Goods or Services in Case of Change in Rate of Tax (Section 14)

6.5 Time of Supply of Goods (Section 12)

6.6 Time of Supply of Services (Section 13)

6.7 Time of Supply of Goods or Services in Case of Change in Rate of Tax (Section 14)

6.8 Value of Taxable Supply (Section 15)

6.9 CGST Rules Governing Value of Supply

Review Questions

Chapter 7 Levy and Collection of Gst

7.1 Levy of CGST on Intra-state Supplies (Section 9(1))

7.2 Exemption from the Levy of CGST (Section 9(1))

7.3 Levy of CGST on a Future Date (Section 9(2))

7.4 Notification of Supplies to be Levied on ‘Reverse Charge’ Basis (Section 9(3))

7.5 Levy of CGST on ‘Reverse Charge’ Basis (Section 9(4))

7.6 Levy of CGST on Interstate Supply of Services by Electronic Commerce Operators (ECOs) (Section 9(5))

7.7 Levy on the Representative of the ECO (Section 9(5))

7.8 Duty of the ECO to Appoint an Agent for Paying Tax (Section 9(5))

7.9 Composition Levy Scheme (Section 10) (Rule 5)

7.10 Power to Grant Exemption from GST (Section 11)

7.11 Rounding off of the Amount of Tax, Interest,Penalty, Fine and Refund (Section 170)

7.12 CGST Rules Governing Composition Levy

Review Questions

Chapter 8 E-Way Bill

8.1 Electronic Way Bill (E-Way Bill)

8.2 Features of E-Way Bill

8.3 Contents of E-Way Bill

8.4 Parts of E-Way Bill

8.5 Advantages of E-Way Bill

8.6 Furnishing Information and Generating the E-Way Bill (Rule 138(1))

8.7 Cancellation of the E-Way Bill (Rule 138(9))

Review Questions

Chapter 9 Maintenance of Accounts and Records and Audit

9.1 Place and Form of Maintenance of Accounts (Section 35(1))

9.2 Content of Accounts (Section 35(1)) and (Rule 56(1))

9.3 Details of Stock Account (Rule 56(2))

9.4 Records and Account

9.5 Maintenance of Accounts in Case of Multiple Places of Business (Rule 56(7))

9.6 Accounts and Documents

9.7 Maintenance and Production of Electronic Records (Rule 57)

9.8 Maintenance of Accounts and Records

9.9 Retention of Books of Accounts and Records

9.10 CGST Rules Governing Maintenance ofAccounts and Records

Review Questions

Chapter 10 Input Tax Credit, Electronic Liability Register, Electronic Credit Ledger, Electronic Cash Ledger and Output Tax Liability

10.1 Input Tax (Section 2(62))

10.2 Composition of Input Tax (Section 2(62))

10.3 Input Tax Credit

10.4 Apportionment of ITC and Blocked ITC (Section 17)

10.5 Non-Availability of ITC (Section 17(5))

10.6 Availability of ITC in Special Cases (Section 18) (Rule 40)

10.7 ITC in Respect of Inputs and Capital Goods Sent for Job-work (Section 19) (Rule 45)

10.8 Manner of Distribution of Credit by Input Service Distributor (Section 20)

10.9 Matching, Reversal and Reclaim of Input Tax Credit (Section 42)

10.10 E-Register and Ledgers in GST Act

10.11 Right to Claim and Use ITC

10.12 Utilization of Input Tax Credit (Section 49)

10.13 Prescription of the Order of Utilization of Input Tax Credit (Section 49B)

10.14 Matching, Reversal and Reclaim of Reduction in Output Tax Liability (Section 43)

Review Questions

Chapter 11 Assessment of Gst

11.1 Assessment (Section 2(11))

11.2 Types of GST Assessments

11.3 CGST Rules Governing Assessment

Review Questions

Chapter 12 GST Returns Qrmp Scheme, IF Facility and Gst Practitioners

12.1 GST Returns

12.2 Options for Preparing and Filing GST Returns

12.3 Online Filing

12.4 Offline Preparation and Filing

12.5 Process of Filing GSTRs On-line

12.6 Advantages of Filing GST Returns

12.7 Types of GST Returns

12.8 Forms of GST Returns

12.9 Outward Supplies

12.10 Furnishing of Returns (Section 39) (Rule 61)

12.11 Furnishing of the First Return (Section 40)

12.12 Furnishing Annual Return (Section 44)

12.13 Furnishing of Final Return on Cancellation of Registration (Section 45) (Rule 81)

12.14 Notice to defaulters in furnishing GST Returns (Section 46)

12.15 Late Fee

12.16 GST Practitioners (Section 48) (Rules 83-84)

Review Questions

Chapter 13 Deduction, Payment and Refund of Gst

13.1 E-Ledger

13.2 Payment of Interest

13.3 GST Deduction at Source (Section 51) (Rule 66)

13.4 Collection of GST at Source (Section 52)

13.5 Refund of GST (Section 54)

13.6 Refund in Special Cases (Section 55) (Rule 95)

13.7 Interest on Delayed Refunds (Section 56) (Rule 94)

13.8 Rates of Interest Fixed by the Government forDifferent Sections of the CGST Act, 2017

Review Questions

Chapter 14 Demands and Recovery

14.1 Determination of Tax in Cases Other than Frauds, Misstatement or Suppression of Facts, etc (Section 73)

14.2 Determination of Tax in Case of Frauds, Misstatement or Suppression of Facts, etc (Section 74)

14.3 Determination of Tax and Orders by Appellate Authority or Appellate Tribunal or Court, etc (Section 75)

14.4 Tax Collected but Not Paid to the Government (Section 76)

14.5 Tax Wrongly Collected and Paid to the Governments (Section 77)

14.6 Recovery Proceedings and Recovery of Tax (Section 78 and 79)

Review Questions

Chapter 15 Gst Audit, Inspection, Search and Seizure

15.1 Responsibility of the Registered Persons

15.2 GST Audit (Section 2(13))

Review Questions

Chapter 16 Advance Ruling

16.1 Advance Ruling

16.2 procedure to Get an Advance Ruling

16.3 Procedure for Disposing the Applicationfor Advance Ruling (Section 98(1) to Section 98(7))

16.4 Deemed Appellate Authority for Advance Ruling(Section 99)

16.5 Appeal to Appellate Authority (Section 100)(Rule 106)

16.6 National Appellate Authority (Section 101A)

16.7 Appeal to National Appellate Authority(Section 101B (1))

16.8 Rectification of Order

16.9 Binding of Advance Ruling (Section 103(1))

16.10 Void Advance Rulings (Section 104(1))

16.11 Powers of Authority and Appellate Authority

16.12 Power to Self-Regulate their Procedure (Section 106)

16.13 Manual Filing and Processing (Rule 107A)

16.14 CGST Rules Governing Advance Ruling

Review Questions

Chapter 17 Appeals and Revision

17.1 Definitions

17.2 Meaning of an Appeal

17.3 Types of Appeals

17.4 Appeals to Appellate Authority (Section 107)(Rule 108)

17.5 Revisional Authority

17.6 Appeals to Appellate Tribunal

17.7 Appeal to High Court

17.8 Appeal to Supreme Court

17.9 Non-Appealable Decisions and Orders (Section 121) 17.9 Provisions Relating to Invalidity of Assessmenton Notice

17.10 Rectification of an Error which is Apparenton the Face of Record (Section 161)

Review Questions

Chapter 18 Penalties, Fines and Punishmentsfor Offences

18.1 Offences under GST

18.2 Penalities

18.3 General Guidelines for Imposing Penalty (Section 126

18.4 Waiving Penalty or Fine or Both (Section 128)

18.5 Punishment and Fine under Section 132(1 & 2)

18.6 Compounding of Offenses

18.7 CGST Rule Governing Offences and Penalties

Review Questions

Chapter 19 Basics of Customs Law

19.1 Introduction

19.2 Objectives of Levying Customs Duty

19.3 Custom Law in India

19.4 Central Board of Indirect Taxes and Customs

19.5 Definitions and Important Conceptsin  Customs Act, 1962

19.6 Officers of Customs

19.7 Taxable Event

19.8 Levy of Customs Duty (Section 12)

19.9 Customs Valuation and WTO

19.10 Customs Law and GST Law

19.11 Power of the Central Government to Amendthe Schedules (Section 8)

19.12 Appeals and Revision

19.13 Offences under the Customs Act, 1962

19.14 Confiscation of Goods and Conveyancesand Imposition of Penalties

Review Questions

Index

Dr. L. J. Chaarlas was Head and Associate Professor (Retired), Department of Commerce, St. Joseph’s College (Autonomous), Trichy. He has more than 36 years of experience in teaching. His areas of interest include Income Tax, Marketing, Business Management, Business Ethics, Human Resource Management (HRM), Entrepreneurship and GST. He is a well-acknowledged HR trainer and Quiz Master. He has authored books like Understanding Behavioural Finance: Making Better Decisions, Principles and Practices of Accounting, and Goods and Services Tax.