Taxmann GST Practice Manual By Aditya Singhania Edition June 2023

This book is a comprehensive guide for day-to-day compliance with GST. It helps you understand the following topics related to GST:

• Background
• Concepts
• Execution
• Challenges
• Solution(s)

It also explains the provisions of the GST law lucidly. This book will be helpful for GST Professionals engaged in managing the client’s day-to-day GST-related affairs, i.e., advisory, compliance and litigation services.

The Present Publication is the 7^th Edition, amended by the Finance Act 2023 and updated till 1^st June 2023. This book is authored by Aditya Singhania with the following noteworthy features:

• [Comprehensive Coverage] with detailed analysis and relevant illustrations
• [Stepwise Guide] for GST compliance procedures
• [Tabular Format] of GST Case Laws (including Advance Rulings)
• [GST Common Portal] The content in this book is synchronized with the current features available at GST common portal
• [Topic-Wise Explanation] along with related GST Notifications and Circulars
• [Practical Issues] with solutions
• [Ready Referencer] of Sections, Rules, and Forms
• [Quick Referencer] to get a bird’s eye view of the entire GST law and its execution

The contents of the book are as follows:

Time/Place of Supply & Valuation

• Time of Supply
• Place of Supply
• Valuation

Accounting in GST

• Invoicing
• Accounts & Records
• E-Way Bill
• Job-Work

Registration

• Basics of Registration
• Compulsory Registration
• Person not Liable to take Registration & Voluntary Registration
• General Procedure of Registration
• Amendment of Registration
• Cancellation or Suspension of Registration
• Revocation of Registration

Specified Taxable Person

• Non-Resident Taxable Person
• OIDAR
• Unique Identification Number (UIN)

Composition Scheme

• Basics of Composition Scheme
• Compliances under the Composition Scheme
• Withdrawal from the Composition Scheme
• Returns under the Composition Scheme

Input Tax Credit (including ISD)

• Eligibility of Input Tax Credit
• Apportionment of Input Tax Credit
• Availability of ITC in certain circumstances
• ITC for Job Worker
• Compliance for Input Service Distributor
• Returns for an Input Service Distributor

Returns

• Introduction to GST Returns
• GSTR 1
• GSTR 2, 2A and 2B
• GSTR 3
• GSTR 3B
• Matching Concept
• Proposed new GST Return
• Annual Return for Normal Taxpayer
• Annual Return for Composition Taxpayer
• Final Return

Audit

• Departmental Audit
• GST Audit

TDS & TCS

• Tax Deducted at Source (TDS)
• Tax Collection at Source (TCS)

Payment

• Basics of Payment
• Treatment of Input Tax Credit for Payment
• Treatment of Electronic Cash/Credit Ledger
• Treatment of Electronic Liability Ledger
• Miscellaneous on Payments

Refunds

• Basics of Refunds
• Refund Procedures

Assessment

• Self & Provisional Assessment
• Scrutiny of Returns
• Assessment of Non-Filers of Returns
• Assessment of Unregistered Persons
• Summary Assessment
• Finalization of Provisional Assessments, Appeal

Search and Seizure

• Inspection, Search and Seizure
• Arrest

Advance Rulings

• Basics of Advance Ruling
• Application and Compliances for Advance Rulings
• Appellate Authority for Advance Ruling

Demand & Recovery

• Administration in GST
• Demand
• Recovery

Appeals

• Appeals to Appellate Authority
• Appeals to Appellate Tribunal
• Appeals to High Courts & Supreme Court
• Miscellaneous on Appeals

Offences

• Penalty
• Detention, Seizure and Release of Goods and Conveyances in Transit
• Confiscation of Goods or Conveyances
• Miscellaneous Topics under Offences
• Compounding of Offences

Miscellaneous

• • Corporate Debtor under Insolvency and Bankruptcy Code, 2016
  • Liability to Pay in Certain Cases
  • Repeal and Saving

About the author

Aditya Singhania, promoted a firm by the name Singhania’s GST Consultancy & Co. which facilitates advisory, consultancy and litigation services on core indirect tax matters.

He has authored few books on GST since its advent, like GST Registration, GST on Transition, GST Refunds, GST Audit & Annual Return, GST Practice Manual, GST on Financial Services, GST New Returns and GST e-Invoicing.

He has given his views on crucial developments in GST from time to time in Economic Times, Business Standard, The Hindu, etc. He has also been panelist on Times Now, BTVI, FIEO, Business Standard, CII.

He has received a letter of appreciation from the Minister of State of Finance, Shri Arjun Ram Meghwal, on the launch of his first book in 2016 which was published before the launch of GST in India. He has served as a Deputy General Manager, Taxation, in a reputed Software Company and has also served as a Senior Manager, Indirect Tax in one of the service sector company having turnover of around 80,000 Crores, handling framework of tax policies, implementation of changes in GST, business advisory, compliance support, response to notices, summon & litigation including writ petition pertaining to GST.

He has made several researches on GST and has laid down various conceptual papers. His forte is in analyzing the business situation & accordingly advising the clients by articulating the provisions of the law.