Taxmann's GST Ready Reckoner - 26th Edition 2025

Edition: 26th Edition, 2025

Binding: Paperback

Taxmann’s GST Ready Reckoner - 26th Edition 2025 is an indispensable guide for understanding the Goods and Services Tax (GST) regime in India. Now in its 26th edition, this book provides a comprehensive and user-friendly approach to the various provisions, updates, and intricacies of GST. With the continuous evolution of the GST framework, this updated edition offers in-depth insights into the tax structure, compliance, and practical application of GST laws.

This book is meticulously designed for tax professionals, business owners, chartered accountants, and legal practitioners who require a quick reference for GST-related queries. The GST Ready Reckoner covers all essential aspects of GST, including registration, classification, valuation, input tax credits (ITC), and tax computation, along with case studies and real-world examples to ensure a thorough understanding of the subject.

Key Features:

• Comprehensive Coverage of GST Provisions: Detailed explanation of the GST law, including its scope, registration procedures, exemptions, classifications, and taxability of goods and services.

• Updated with the Latest Amendments (2025): Includes the latest changes and updates under the GST law, providing readers with accurate and current information on the Goods and Services Tax regime.

• Practical Case Studies and Examples: The book incorporates practical case studies and real-world examples to help readers understand the application of GST in various business scenarios and industries.

• GST Compliance Simplified: Offers clear, step-by-step instructions on GST compliance, including the filing of returns, payment of taxes, and maintaining proper records.

• Comprehensive Tax Planning for GST: Provides guidance on how to plan GST obligations efficiently and minimize the tax burden using various exemptions and credits available under the law.

• Input Tax Credit (ITC) Explained: Detailed analysis of how Input Tax Credit works under GST, including the conditions for claiming ITC and common issues faced by businesses in availing it.

• GST Returns and Filing Procedures: A thorough explanation of the GST return filing process, including GSTR-1, GSTR-3B, and GSTR-9, and guidance on how to ensure timely and accurate filing.

• In-depth Analysis of GST on E-commerce and Online Transactions: Focuses on the unique challenges faced by e-commerce businesses and how GST is applied to online transactions, with practical insights into registration, filing, and taxation.

• GST Impact on Business Models: Examines the impact of GST on different business models and industries, helping businesses understand how to adapt their operations for compliance with GST provisions.

• Taxation of Export and Import under GST: Clear explanation of the tax implications for exports and imports under GST, along with available exemptions and documentation requirements.

• Glossary and Index for Quick Reference: A comprehensive glossary and detailed index at the end of the book for quick and easy navigation to specific GST topics.

Why This Book is Essential:

• Updated with 2025 Amendments: The 26th edition includes the most recent amendments to GST law, making it a crucial resource for professionals and businesses needing to stay informed about the latest changes.

• Complete Guide for Tax Professionals: This book serves as a comprehensive reference for tax consultants, chartered accountants, lawyers, and other professionals seeking a thorough understanding of GST and its impact on their clients.

• Easy-to-Understand for Business Owners: With practical examples, case studies, and simplified explanations, this book is also designed to help business owners and entrepreneurs manage GST compliance with ease.

• Ideal for Quick Reference: The user-friendly format and clear breakdown of complex topics make this book an ideal ready reckoner for anyone needing quick clarification on GST matters.

• Helps with GST Planning and Optimization: The book’s detailed tax planning advice ensures businesses can optimize their GST obligations and avoid common errors that may result in penalties or overpayment of taxes.

• Comprehensive Resource for GST Returns: A one-stop resource for understanding the entire process of filing GST returns, making it easier for businesses to comply with filing deadlines and requirements.

• Focus on GST for E-commerce: With a growing e-commerce sector in India, this book offers specialized knowledge on how GST applies to digital and online businesses.

Taxmann’s GST Ready Reckoner - 26th Edition 2025 is an essential guide for anyone dealing with GST in India. Whether you are a tax professional, a business owner, or a legal practitioner, this book provides all the necessary information to understand and navigate the complexities of GST. With its practical approach, clear explanations, and updated content, it serves as a must-have reference for professionals and businesses looking to ensure compliance and optimize their GST obligations under the latest legal framework.