Best Books for Learning GST from Scratch: A Comprehensive Guide
Goods and Services Tax (GST) is a new and crucial taxation system introduced in India to simplify and consolidate various indirect taxes. Whether you are a beginner or a professional looking to enhance your understanding of GST, this guide will help you choose the best books to learn from scratch.
The Institute of Chartered Accountants of India (ICAI): Official Text
To get started on your GST journey, the official ICAI book is a must-read. As the authoritative publisher for GST related education, this book serves as the go-to resource for anyone looking for in-depth information on GST.
VS Datey or Paduka Publications: For CA Intermediate Level
For those who are in the process of completing their CA (Chartered Accountant) intermediate exams, VS Datey or Paduka Publications offers excellent books that are specifically tailored for the intermediate level.
My Book: GST Made Simple: A Complete Guide to Goods and Services Tax in India
If you're looking for a beginner-friendly and practical guide, my book, GST Made Simple: A Complete Guide to Goods and Services Tax in India, is an invaluable resource. This book is designed to cater to individuals who want to learn GST from a clear and easy-to-understand perspective. Here's a breakdown of the chapters:
Table of Contents: GST Made Simple
Introduction Salient features of GST Levy and collection of tax Scope of integrated tax Registration Reverse charge mechanism Concept of taxable supply Deemed supply Exempted supplies and non-supplies Tax invoice, Credit and Debit notes Time of supply Place of supply: within India Place of supply: Imports and Exports Imports of Goods and Services Exports deemed exports and export promotion Value of supply Composition scheme Maintenance of accounts and records Assessment Payment of taxes Tax deduction and tax collection at source Filing of tax return Input Tax Credit Input service distributor Audit Refunds Investigation under summons Inspection, search and seizure Penal provisions under GST Issue of demand notice Adjudication proceedings Appeals and revision Recovery of dues Arrest and prosecution Job working Advance rulingEach chapter covers a specific aspect of GST, ensuring that you get a comprehensive understanding of the topic. The detailed breakdown provides a clear roadmap for your learning journey.
Where Can I Read/Buy the Book?
For detailed information on where to read or buy my book, GST Made Simple, please refer to the official website. The book is available in both print and e-book formats, making it convenient for readers from all backgrounds.
Ultimately, whether you choose the official ICAI book, VS Datey, Paduka Publications, or GST Made Simple, the key is to select a resource that aligns with your learning style and needs. By following the guidance in these books, you can gain a solid foundation in GST and stay updated with the latest changes in the system.