NextGen GST Reforms with Tariff, HSNs, Rates, Exemptions
Book Details
CONTENTS AT A GLANCE
| Bharat? | 5 |
| Preface | 7 |
| List of Acronyms | 11 |
Division 1
Referencer
| Referencer 1 Definitions of various terms | 1.3 |
| Referencer 2 Updated Appeal and Revision Forms | 1.11 |
| Referencer 3 List of Latest Notifications, Circulars, FAQs, Press Releases, etc. | 1.13 |
| Referencer 4 Comparison of Schedules under Goods Rate Notifications | 1.17 |
| Referencer 5 Amended Rates of Tax on Services & ITC Eligibility (Full,Restricted, or Nil) - Effective from 22.09.2025 | 1.18 |
Division 2
Practice and Procedure
| Chapter 1 Rate of Tax and Related Issues including ITC | 2.3 |
| Chapter 2 Specified Provisions of Finance Act, 2024 made applicable with effect from 01.10.2025 | 2.15 |
| Chapter 3 CGST (Third Amendment) Rules, 2025 | 2.19 |
| Chapter 4 Other Miscellaneous Provisions | 2.31 |
| Chapter 5 Changes recommended by GST Council but not yet Implemented | 2.35 |
Division 3
Exempted Goods and GST Rates on Goods
| Part A Exempted goods under GST Acts namely CGST Act, IGST Act and respective SGST Acts w.e.f. 22.09.2025 | 3.3 |
| Part B Exempted goods under GST Acts namely CGST Act, IGST Act and respective SGST Acts from 01.07.2017 to 21.09.2025 | 3.12 |
| Part C Exempted goods under IGST Act Only w.e.f. 01.07.2017 till 21.09.2025 | 3.46 |
| Part D Exemption from Compensation Cess on Supply of Goods | 3.48 |
| Part E Compensation Cess rates on supply of specified goods with effect from 01.07.2017 | 3.50 |
| Part F CGST Rates of Goods with HSN Codes w.e.f. 22.09.2025 | 3.70 |
| Part G CGST Rates of Goods with HSN Codes w.e.f. 01.07.2017 till 21.09.2025 | 3.151 |
Division 4
Exempted Services and GST Rates on Services
| Part A Exempted Services under CGST, IGST and SGST Acts w.e.f.01.07.2017 (As amended w.e.f. 22.09.2025) | 4.3 |
| Part B Exempted services under IGST Act only w.e.f. 01.07.2017 | 4.56 |
| Part C CGST rates of services with accounting codes w.e.f. 01.07.2017(As amended w.e.f. 22.09.2025) | 4.61 |
| Part D Scheme of Classification of Services | 4.145 |
| Part E Compensation Cess Rates on Services w.e.f. 01.07.2017 | 4.173 |
Division 5
Notifications/Circulars/Orders/FAQs, etc.
| Part A Central Goods and Services Tax Notifications | 5.5 |
| Part B Central Tax (Rate) Notifications | 5.8 |
| Part C Integrated Goods and Services Tax (Rate) Notifications | 5.106 |
| Part D GST Compensation Cess (Rate) Notifications | 5.207 |
| Part E Ministry of Finance Notifications Related to Appeals before GSTAT | 5.208 |
| Part F GST Circulars | 5.208 |
| Part G Circular of Ministry of Consumer Affairs, Food and Public Distribution | 5.211 |
| Part H Circular of Ministry of Finance, Department of Revenue (Tax Research Unit) | 5.212 |
| Part I Office Memorandum of Ministry of Chemicals & Fertilizers | 5.214 |
| Part J Orders of Directorate General of Health Services | 5.215 |
| Part K GST Press Releases | 5.215 |
| Part L Frequently Asked Questions (FAQs) | 5.299 |
About the Author
CA. Ashok Batra
Ashok Batra is a distinguished alumnus of the prestigious Shri Ram College of Commerce, Delhi (1974 - 77 batch). He subsequently qualified as a Chartered Accountant in 1981 and later earned a Law degree in 2009.
Currently, Ashok Batra is the senior partner at M/s A.K. Batra & Associates, a leading Chartered Accountancy Firm in Northern India, which he founded in 1982. With an illustrious academic record and over four decades of professional experience, he has established himself as an authority in various areas, including Accounting, Auditing, Tax Planning, Consultancy, and Litigation.
During the Service Tax Regime, Ashok Batra was a highly sought-after professional, handling complex Service Tax matters involving substantial financial stakes. With the implementation of Goods and Services Tax (GST), his expertise and reputation have continued to grow, earning him recognition as a leading GST professional. His unwavering devotion and dedication to exploring new dimensions of GST are truly commendable. Even senior officers of the Department take pride and pleasure in seeking his insightful opinions on complex GST matters.
Ashok Batra's clients benefit from his comprehensive services, including tax compliance and representation before various statutory authorities, up to the Appellate Tribunal level. He continues to manage pending Service Tax cases for his clients, leveraging his in-depth understanding of the subject.
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