GST TARIFF -RK JAIN Updated Finance Act 2025 –

R.K. Jain’s GST Tariff of India is a comprehensive, two-volume reference, updated to incorporate the amendments introduced by the Finance Act 2025. This authoritative resource offers detailed tariff schedules, exemptions, notifications, rates, and clarifications covering Goods (Volume 1) and Services (Volume 2). This book meticulously maps GST rates up to 8-digit HSN classification, providing essential ready reckoners and compiling relevant case laws, departmental clarifications, and notifications.

This book is intended for the following audience:

• Tax Practitioners and Chartered Accountants – Ideal for professionals requiring quick access to updated GST rates, exemptions, and rulings
• Corporate Tax Departments – Assists finance and legal teams in ensuring compliance and accuracy while calculating GST liabilities
• Legal Professionals and Consultants – Comprehensive coverage of notifications, circulars, and case law for advisory and litigation needs
• Government Officials and Policy Makers – Offers a consolidated viewpoint of GST laws, rates, and departmental clarifications

The Present Publication is the 23^rd Edition | 2025-26, amended by the Finance Act 2025. This book is edited by Centax’s Editorial Board with the following noteworthy features:

• [Updated GST Rates & Exemptions] Presents the latest rates under CGST, SGST, UTGST, and IGST for goods and services, including up to 8-digit HSN/SAC codes
• [Two-volume Structure]
  • Volume 1 – Covers GST on Goods, relevant notifications, and comprehensive classification details
  • Volume 2 – Focuses on GST for Services, including exemptions, notifications, circulars, and case law
• [Ready Reckoners] Handy tables and charts for quick reference to applicable rates and exemptions
• [Complete Notifications & Circulars] Incorporates relevant GST notifications, departmental clarifications, press notes, and instructions
• [Case Laws & Advance Rulings] Helps interpret and apply GST provisions in light of judicial and quasi-judicial precedents
• [Reverse Charge Mechanism (RCM)] Detailed coverage of RCM provisions, with separate sections dedicated to CGST, IGST, UTGST, and SGST
• [Compensation Cess & Other Cesses] Thorough coverage of Compensation Cess notifications and departmental clarifications
• [Detailed Commodity & Service Index] Facilitates swift navigation across goods and services with corresponding HSN/SAC codes
• [Historical Context & Chronology] Contains a chronological list of notifications since the introduction of GST

The coverage of the book is as follows:

• Volume 1 (GST on Goods)
  • Part 1 – GST Tariff on Goods, classification up to 8-digit HSN, exemptions
  • Part 1A – Rates specified under other Acts (Central Excise, additional duties, cesses)
  • Part 2 – All relevant Notifications on GST rates and exemptions for goods
  • Practical Guides on how to calculate GST, interpret classifications, and employ interpretative rules
• Volume 2 (GST on Services & Other Provisions)
  • Part 3 – GST Tariff on Services (Chapter 99), along with ready reckoner tables and code-wise classification
  • Parts 4 to 9 – Integrated GST provisions, notifications, exemption lists, compensation cess, reverse charge mechanism details, commodity index with HSN codes, and chronological listing of notifications
  • Circulars, Instructions, and FAQs aiding clarity and practical application for services under GST

The structure of the book is as follows:

• Introductory Sections – Explains fundamental concepts like classification of goods and services, how to calculate GST, interpretative rules, and abbreviations
• Thematic Segregation – Goods and Services are treated in separate volumes for clarity. Each volume is further divided into parts that handle specific aspects (tariff rates, exemptions, notifications, cesses, etc.)
• Ready Reckoners & Summaries – Each major section includes quick-reference charts and summaries, helping users find applicable GST rates promptly
• Notifications & Clarifications – Compiled in dedicated sections, ensuring easy location of relevant government directions and legal updates
• Case Law and Advance Rulings – Integrated at logical points to illustrate real-world applications and interpretations of GST law
• Indices and Annexures – Comprehensive commodity index (with HSN codes) and service code index (SAC) are provided for quick cross-referencing