GST Ready Reckoner by CA Gaurav Gupta – May Edition 2026

Description

This Ready Reckoner is a practical and authoritative guide to the GST regime for professionals, taxpayers, administrators, and trade. Updated with all important changes up to the Finance Act, 2026, the book brings together a clear and concise version of important aspects of the law. It contains coverage on all issues including GST Tribunal law, procedure, and appellate charge, and place of supply etc. mechanism, up-to-date digest of exemptions, reverse charge and place of supply etc. For ease of daily use, the book compiles return due dates, limitation periods, compliance timelines, and key relief measures in a convenient reference format. It also offers topic-wise concise commentary on the principal areas of GST, including supply, input tax credit, refunds, demand and recovery, and related issues, with support from important judicial precedents on diverse substantive and procedural aspects.

Important topics covered :

• Classification of Supply
• Composition Scheme
• Reverse Charge Mechanism
• Input Tax Credit and Input Service Distributor
• Place of Supply
• Time of Supply
• Valuation of Supply
• Composite Supply vs. Mixed Supply
• Refund of ITC
• E-Way Bill
• Import & Export
• Exempt Supply and reversal of ITC
• Return compliances including IMS, GSTR-2B etc.
• Annual Return (GSTR-9 & 9C)
• Scrutiny if return and Audit
• Demand and Recovery, SCN, Summons
• Inspection, Search and seizure