GST (in India): Explained for Common Man

•The book reaches out to those of all abilities, explaining the basic concepts of GST along with the technical issues in a simple language, often in a storytelling style. The book is user-friendly. It has a Question and Answer format, which will help all taxpayers, even the manufacturers, service providers, and traders to understand the basics of GST



•The text is also helpful for beginners, young officers who have joined GST administrations, as well as Chartered Accountants or Advocates, who want to start practicing in GST matters



•This book will be useful for whoever wants to do business in India including potential investors



GST in India has touched the lives of the people on the street too. This book has explained for them the critical issues and concepts of GST in a simple language, often in a story-telling style. It covers the concepts of Supply, Input Tax Credit, IGST for inter-state trade, the Business Processes like Registration, Returns-filing, etc, and subjects like Composition Levy, Reverse, Charge Mechanism, and many more. Besides Manufacturing, Services and Trading, this book has also explained the GST application issues in sectors like Education, Health care, Cooperative Housing, Telecoms, Tourism, etc. The narration is accompanied by FAQs, to facilitate easy understanding.



This book will also help the beginners among the consultants, GST officers and students in India as well as business houses and investors looking to do business in India.

Sumit Dutt Majumder, former Chairman, Central Board of Excise & Customs joined the Indian Revenue Service in 1974. As Member (Central Excise) and then Chairman, CBEC, he was actively associated with the preparations for GST. He has been interacting with the Trade across the country explaining the basics of GST. As Senior Advisor, International Tax and Investment Center, Washington, he has been addressing the Asia Pacific Tax Forum and African Tax Dialogue, on GST in India. The European Union (EU) appointed him for its project in India on Capacity Building in GST. He is the author of several books on Customs Valuation and GST.