LMP's GST Ready Reckoner - Edition 2026
| Author : | Adv. Gaurav Gupta |
|---|
LMP’s GST Ready Reckoner – Edition 2026 is a practical and comprehensive reference guide covering the essential provisions, procedures, compliance requirements, and recent developments under the Goods and Services Tax (GST) regime. Designed for quick consultation and day-to-day professional use, this book is an indispensable resource for chartered accountants, tax practitioners, advocates, finance professionals, businesses, and students.
Tags: GST Books, GST Ready Reckoner
LMP’s GST Ready Reckoner – Edition 2026 is a comprehensive and practitioner-oriented GST reference manual that provides concise, practical, and up-to-date guidance on the Goods and Services Tax framework in India. Structured as a ready-reference tool, the book helps professionals and taxpayers quickly access important GST provisions, procedural requirements, compliance obligations, and statutory references.
The publication is designed to simplify the practical application of GST law and serves as a valuable resource for handling routine compliance matters, advisory assignments, audits, assessments, and tax planning. Whether dealing with registrations, return filing, input tax credit issues, refunds, or GST documentation, this ready reckoner provides quick and reliable guidance.
Comprehensive Coverage Includes
GST Fundamentals
- Introduction to Goods and Services Tax
- Constitutional Framework of GST
- CGST, SGST, IGST and UTGST
- Definitions and Important Concepts
- Taxable Supply and Levy of GST
Registration and Compliance
- GST Registration Procedures
- Mandatory and Voluntary Registration
- Amendment and Cancellation of Registration
- Composition Scheme Provisions
- Compliance Requirements for Taxpayers
Input Tax Credit (ITC)
- Eligibility and Conditions for ITC
- Blocked Credits
- Apportionment and Reversal of Credit
- Documentation Requirements
- Practical ITC Compliance Issues
Supply and Valuation
- Time of Supply Provisions
- Place of Supply Rules
- Valuation under GST
- Composite and Mixed Supplies
- Classification of Goods and Services
- HSN and SAC Codes
Returns and Documentation
- GST Return Filing Requirements
- Monthly and Annual Returns
- Tax Invoices and Debit/Credit Notes
- Record Maintenance Requirements
- E-Invoicing Provisions
- E-Way Bill Procedures
Refunds and Special Transactions
- Refund Claims and Procedures
- Export and SEZ Transactions
- Zero-Rated Supplies
- Deemed Exports
- Reverse Charge Mechanism (RCM)
- TDS and TCS under GST
Assessment and Litigation
- Assessment Procedures
- Audit under GST
- Inspection, Search and Seizure
- Demand and Recovery Provisions
- Appeals and Revision Mechanisms
- Penalties and Prosecution
Additional Practical Coverage
- GST Rates and Schedules
- Important Notifications and Circulars
- Recent Amendments and Updates
- Compliance Checklists
- Practical Illustrations and Examples
- Frequently Encountered GST Issues
- Quick Reference Tables
One of the key strengths of this publication is its concise and user-friendly presentation. Instead of lengthy theoretical discussions, the book focuses on practical applicability, making it particularly useful for professionals who require quick answers to GST-related queries during day-to-day practice.
The ready reckoner format allows readers to rapidly locate relevant provisions and understand their practical implications without navigating through multiple statutes, rules, notifications, and circulars.
Benefits for Readers
- Quick Access to Important GST Provisions
- Practical Compliance-Oriented Guidance
- Simplified Explanations of Complex Concepts
- Useful for Daily Professional Practice
- Helps Reduce Compliance Errors
- Supports Advisory and Audit Functions
- Convenient Desk Reference Tool
- Updated with Latest GST Developments
Who Should Read This Book?
- Chartered Accountants
- GST Practitioners
- Tax Consultants
- Advocates and Tax Professionals
- Company Secretaries
- Cost Accountants
- Finance and Accounts Professionals
- Business Owners and Entrepreneurs
- CA, CS & CMA Students
- Law Students and Researchers
Key Features
- Comprehensive GST Ready Reference Guide
- Covers Registration, ITC, Returns and Refunds
- Includes E-Invoicing and E-Way Bill Provisions
- Practical Compliance and Procedural Guidance
- User-Friendly and Quick Reference Format
- Covers Important Notifications and Amendments
- Useful for Professionals and Businesses
- Ideal for Daily GST Practice
- Updated Edition 2026
- Published by LMP
This publication serves as a reliable and practical GST companion, helping professionals, businesses, and students navigate the complexities of GST law and compliance with confidence and efficiency.
