With 120 questions answered , this book is divided into several chapters such as Basics, Constitutional Amendment, GST Rates, Taxes not subsumed by GST, GST Council, Taxability, Second Hand Goods, GST for International Travellers, List of GST Forms, GST on Sale of Immovable Properties, GST on Rent, Other Taxes abolished, E-way Bills, Tax Collection at Source (TCS),Tax Deduction at Source (TDS), Reverse Charge Mechanism (RCM),GST Rates for Goods Transport Agency, Margin Scheme, Effect of GST on Education Sector, Impact of GST on professionals, GST on Capital Goods, Transitory Provisions, GST and Works Contract, Compulsory Registration under GST, Neither Goods nor Services, etc. Written in the form of questions and answers for students and young professionals, this book can be a very good companion to the interview and other discussions.
GST 2017 has been rolled out from July 1, 2017 but it has not entered the syllabus of many institutions teaching MBA students. In the placement interviews they will be definitely asked questions about GST, where they cannot afford to draw a blank. Not only that, shortly after joining they have to handle GST if they are having finance, marketing or logistic as specialization. They may benefit from this book.
I have tried to combine my teaching and industry experience in this book to explain the idea of GST lucidly, at the same time not missing the points of law and important sections. Hope all concerned will appreciate it.