This book explores the concept of Goods and Services Tax (GST) in India, tracing the history of taxation from ancient times through the evolution of indirect taxes following independence to the present GST framework. It examines the constitutional basis for taxation, recommendations from various tax reform committees on indirect taxes, and the tax philosophies articulated in the Mahabharata and Arthashastra. Additionally, it provides a global overview of GST, along with detailed discussions on the CGST Act, IGST Act, and SGST Act. The book addresses numerous practical aspects of GST law, including registration, returns, assessments, penalties, appeals, input tax credits, TDS, TCS, audits, taxable events, the concept of supply, documentation, transportation, detention, e-commerce, job work, refunds, compounding, rectification, advance rulings, anti-profiteering measures, special provisions concerning companies, as well as demand, recovery, interest, inspection, confiscation, arrest, prosecution, search, and seizure. In total, around 100 court cases related to GST law are discussed, along with notable case law on taxation principles. The presentation is clear and accessible, enabling a stress-free reading experience even for those unfamiliar with tax law. This book is particularly beneficial for students of commerce, law, management, Chartered Accountancy (CA), Company Secretaryship (CS), ICWA, and taxation. It serves as an invaluable handbook for tax practitioners, consultants, and accountants alike.
