GST TARIFF WITH GST RATE RECKONER- TAXMANN PUBLICATIONS – MAY 2025

Description

GST Tariff with GST Rate Reckoner is a comprehensive two-volume set consolidating the tariffs and rates applicable under India’s Goods and Services Tax (GST) regime. This authoritative work provides readers with up-to-date GST tariff structures, detailed interpretations, and essential references to all relevant notifications and amendments—including those introduced by the Finance Act 2025.

This book is intended for the following audience:

• Tax Professionals & Accountants – Those who require up-to-date, detailed tariff information to advise clients or ensure compliance
• Legal Practitioners – Lawyers and legal researchers dealing with tax litigation, advisory, or compliance issues
• Government Officials & Policy Makers – Individuals engaged in regulatory oversight or policy formulation who need accurate and current tariff data
• Corporate and Business Executives – Decision-makers who need a solid understanding of GST implications on trade and commerce
• Students & Academicians – Learners and educators seeking an in-depth resource that explains the nuances of GST tariff classifications

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

• [Latest Amendments] Incorporates all changes brought in by the Finance Act 2025, ensuring readers have the most current legal and procedural information at their disposal
• [HSN Code Coverage] Volume 1 includes GST Tariff for Goods with the Harmonised System of Nomenclature (HSN) for easier classification and compliance
• [Service Code & Classification] Volume 2 covers Service Code (SAC) and explanatory notes, facilitating quick identification of service categories
• [Practical Aids] Offers a GST Rate Reckoner for ready reference, commodity indexes, and tables, allowing for faster and more convenient research
• [Notifications & Circulars] Details of relevant notifications, circulars, and exemptions, ensuring readers can interpret the law accurately and stay updated on policy clarifications
• [Reverse Charge Mechanism (RCM)] Comprehensive coverage on intra-state and inter-state supplies under RCM, plus special provisions relating to e-commerce operators
• [Case Laws & Clarifications] Latest judicial precedents and clarifications ensure you have authoritative guidance for resolving disputes and uncertainties
• [User-friendly Presentation] Tables and lists are used throughout for better readability and quick reference
• [Up-to-date Research] Incorporates the latest clarifications, FAQs, case laws, and departmental instructions to assist practitioners and businesses in staying current with legislative changes

The detailed coverage of the book is as follows:

• Volume 1 – Goods Tariff
  • GST Tariff for Goods with HSN Code – Systematic listing and interpretation for classification of goods
  • Rates Specified in Other Acts – Includes references to rates under the Central Excise Act, National Calamity Contingent Duty, Additional Duty on Tobacco, etc.
  • Commodity Index – An easy-to-use index for quick retrieval of applicable rates for various goods
  • General Rules of Interpretation – Clarifies how to interpret tariffs to avoid classification disputes
• Volume 2 – Services Tariff
  • GST Tariff for Services with Service Code & Explanatory Notes – Detailed classification of services, rate notifications, and relevant exemptions
  • Services Index – A comprehensive index to quickly locate relevant services and rates
  • GST Rate Reckoner for Goods – A consolidated reference to quickly identify GST rates for specific goods
  • Notifications & Exemptions – Complete text of rate and exemption notifications related to services

The structure of the book is as follows:

• Logical Division by Topic – Each volume is divided into distinct divisions that address particular aspects—tariffs, rate notifications, indexes, RCM provisions, etc.
• Detailed Contents Pages – A clear arrangement of chapters and subdivisions makes navigating complex legislation more intuitive
• Indexing & Cross-referencing – Each volume uses indexes (Commodity Index/Services Index) for ease of reference, along with cross-references to primary legislation
• Step-by-Step Approach – Sections begin with broad categories (Goods/Services) and systematically narrow down to more specific matters like classification rules, rates, exemptions, and notifications