Description
taxmann GST Tariff of India. 2025-26, edition 22nd by R.K. Jain
R.K. Jain's GST Tariff of India is a comprehensive and authoritative guide that consolidates all critical aspects of India's Goods and Services Tax (GST) framework. The book covers GST rates, exemptions, notifications, classifications, and interpretative rules for goods (up to 8 digits of HSN codes) and services, giving a one-stop reference for every GST-related query or compliance requirement. The hallmark of this publication is its structured, user-friendly approach to an otherwise complex subject, combining legal exactitude with practical insights.
This book is intended for the following audience:
Chartered Accountants, Company Secretaries, and Cost Accountants requiring an up-to-date reference for client advisory and statutory audits
Lawyers and Tax Consultants dealing with tax litigation, interpretation of notifications, and opinions on complex GST matters
Corporate Tax and Finance Teams aiming to maintain compliant records and manage GST returns and day-to-day operations
Government Officials and Regulators looking for a consolidated source of GST-related enactments, rates, and procedural rules
Academicians and Students specialising in taxation, law, or commerce who need a reliable compendium for learning and research
The Present Publication is the 22nd Edition | 2025-26, authored by R.K. Jain and edited by CA. (Dr) Arpit Haldia. It is updated until 1st February 2025, with the noteworthy features:
[Most Up-to-date Content] Reflects GST amendments, notifications, circulars, press releases, and case law up to 1st February 2025
[Two-volume Format] Volume 1 focuses on Goods (Chapters 1–98 of GST Tariff), while Volume 2 discusses Services (Chapter 99), IGST, Compensation Cess, Reverse Charge Mechanism, and more
[8-Digit HSN Coverage] Comprehensive classification for goods, ensuring precise tax rate identification
[Service Codes & SAC] Clearly explains service accounting codes (SAC) and rates for various categories of services
[Ready Reckoners & Comparative Tables] Summaries for quick reference on GST rates and exemptions, saving valuable time
[Notifications & Exemptions] Exhaustive compilation of relevant GST notifications (CGST, SGST, UTGST, IGST) and exemption lists
[Reverse Charge Mechanism (RCM)] Separate section detailing RCM for both goods and services, with easy-to-understand examples
[Practical Insights & FAQs] Includes frequently asked questions, circulars, and advance rulings to clarify nuanced points of law
[Extensive Alphabetical Index] Commodity- and service-wise indexes for hassle-free navigation
The coverage of the book is as follows:
Volume 1
How to Use this Tariff & Calculate Tax – Step-by-step guidance on computing GST liabilities
Introduction & Classification – Explains fundamentals of GST Tariff, interpretative rules, and classification principles
GST Tariff for Goods (Chapters 1–98) – Detailed rate slabs, exemptions, and references to relevant notifications
Miscellaneous Goods (Chapter 98A) – Items spanning multiple chapters or deemed supplies
Rates Specified in Other Acts – Covers Central Excise duties, Road and Infrastructure Cess, Agriculture Infrastructure and Development Cess, and more
Notifications for Goods – Organised compendium of CGST rates, fully exempted goods, and other relevant notifications
Volume 2
GST Tariff for Services (Chapter 99) – Ready reckoner with service codes (SAC), rates, and exemptions
Integrated Goods and Services Tax (IGST) – Bird's-eye view, notifications, procedures, and rate schedules
Compensation Cess – Explanation of GST Compensation Cess Act, notifications, and clarifications
Reverse Charge Mechanism (RCM) – Detailed legal provisions, notifications under CGST, IGST, UTGST, and SGST
Case Laws & Advance Rulings – Curated judgments and rulings that shed light on complex interpretative issues
Commodity Index with HSN Codes – Comprehensive list for quick references
Chronological List of Notifications – Simplifies tracking of changes and updates over time
The structure of the book is as follows:
Logical Segmentation
The content is divided into clearly defined Parts (1 through 9 in Volume 1 and Parts 3 through 9 in Volume 2) to streamline referencing
Topical Sections
Each part addresses a specific aspect: Goods Tariff, Services Tariff, IGST, Cess, Reverse Charge, etc.
Ready Reckoners & Indices
Quick lookup tables and alphabetical lists make it easier to locate relevant items or services without sifting through lengthy legal text
Notifications and Circulars Grouped by Type
CGST, SGST, UTGST, and IGST notifications are categorised and presented for clarity
Supporting Tools
FAQs, interpretative rules, and disclaimers guide readers on how to interpret the law accurately