Download or read book Taxmann X GSTPAM s GST Practical Guides Unlocking Input Tax Credit Navigating the GST Maze 2024 Edition Covering Critical Aspects of ITC under GST Law Focusing on the CGST Act written by GSTPAM and published by Taxmann Publications Private Limited. This book was released on 2024-03-18 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a part of the GST Practical Guide – Five Book Series, which covers day-to-day practical requirements under the law in simple language. The coverage of GST Practical Guide – Five Book Series includes: • Accounts & Records Maintenance under the GST Act • Registration, Suspension, Cancellation and Revocation of Cancellation • Reverse Charge Mechanism under GST • Introduction to GST Returns, Statements and Other Compliance Forms • Unlocking Input Tax Credit – Navigating the GST Maze This book will be helpful for tax practitioners, the legal fraternity, and departmental authorities. The Present Publications is the latest 2024 edition and has been updated till 29th February 2024. This book is authored by the Goods & Services Tax Practitioners' Association of Maharashtra and CA. Hiral Suresh Shah. The detailed contents of this book are as follows: • Input Tax Credit (ITC) under GST Laws – Important Issues • Section 16 of the Central Goods and Services Tax Act 2017 (CGST Act) • Quantum of ITC – Tax Charged or Tax Payable as per Law • Filing of Return • Section 17 of the CGST Act • Section 17 – Apportionment of Credit and Blocked Credits • Section 18 – Availability of Credit in Special Circumstances of CGST Act • Circular – CGST & IGST • Conclusion

Download or read book Taxmann s GST Ready Reckoner Finance No 2 Act 2024 Comprehensive Guidance on all GST Provisions Organised into 55 Chapters with Case Laws User friendly Layout for Quick Reference written by V.S. Datey and published by Taxmann Publications Private Limited. This book was released on 2024-09-27 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taxmann's 'GST Ready Reckoner' is a widely acclaimed, comprehensive guide that provides a thorough and systematic understanding of all aspects of GST laws in India. The book is meticulously organised into 55 chapters, providing precise and detailed explanations on essential topics such as supply, valuation, input tax credit, sector-specific provisions, and procedural aspects, supported by relevant case laws, notifications, and circulars. As part of Taxmann's renowned series of bestsellers on GST laws, this ready reckoner emphasises accuracy and reliability, adhering to a Six Sigma approach to achieve 'zero error.' This makes it helpful for professionals, legal advisors, businesses, and tax officers who require up-to-date, precise information on GST. The user-friendly structure and comprehensive coverage ensure that complex GST provisions are distilled into accessible, practical insights, facilitating effective understanding and application of the law. The Present Publication is the 24th Edition | September 2024 and has been amended by the Finance (No. 2) Act, 2024. It covers the recommendations of the 54th GST Council Meeting held on 09-09-2024 and is authored by Mr V.S. Datey, with the following noteworthy features: • [Comprehensive Coverage Across 55 Chapters] The book discusses all essential provisions of the GST framework, systematically divided into 55 chapters. It covers foundational concepts and extends to specific and advanced topics, including: o Foundational Topics – Introduction to GST, its various components (IGST, CGST, SGST, UTGST), and the core taxable events o Detailed Analysis of Supply – Covers supply of goods and services, classification, valuation rules, and special scenarios when the value for GST is not ascertainable o Input Tax Credit (ITC) – Thorough guidance on ITC eligibility, distribution, conditions, and issues, including specific chapters on handling ITC when both exempted and taxable supplies are made o Sector-Specific Provisions – Detailed chapters on real estate (including TDR/FSI), distributive trade, passenger and goods transport, financial services, leasing, software, telecommunication, and other business services o Procedural Aspects – Comprehensive sections on registration, invoicing, e-way bills, tax payments, filing returns, and compliance with audit and assessment procedures o Legal Framework – Extensive coverage of legal provisions regarding appeals, offences, penalties, prosecution, and compounding, along with practical guidance on handling these aspects o Special Topics and Updates – Includes additional chapters on e-commerce, GST compensation cess, transitory provisions, and a detailed constitutional background of GST • [Bestseller Recognition] As part of Taxmann's highly trusted and bestselling series on GST laws, the 'GST Ready Reckoner' has established itself as a go-to resource for indirect tax professionals, earning a reputation for accuracy, reliability, and comprehensive coverage • [Six-Sigma Approach] Adhering to the Six-Sigma quality standard, the book aims to achieve 'zero error' in content, ensuring that users can rely on the accuracy of the information provided. This benchmark of excellence underlines the book's commitment to delivering a flawless reference experience • [Practical Utility and Easy Reference] Featuring a user-friendly layout with clear headings, tables, and summaries, the 'GST Ready Reckoner' is structured to provide quick answers and practical guidance on day-to-day GST queries. Its clear presentation and logical arrangement of topics make it helpful to locate precise and actionable information • [Sector-Specific Guidance and Unique Insights] Special attention is given to unique provisions like TDR/FSI in real estate, works contract services, financial and related services, and the treatment of goods and passenger transport. This detailed focus allows users to gain a nuanced understanding of how GST applies across different sectors