Goods and Service Tax - DF25S43

This study material provides a complete and practical introduction to India’s GST system. It explains the core concepts of GST, its importance, evolution, key features, tax structure, and the dual model used in India. Students learn about GST registration, returns, input tax credit, taxable events, exemptions, composition scheme, GST rates, and compliance requirements. The book also covers the supply of goods and services, documentation, invoices, and the role of the GST Council. With clear explanations, tables, examples, and step-by-step processes, it equips learners with the essential knowledge needed to understand and apply GST in real business situations.