FUNDAMENTALS OF INDIRECT TAXATION - Inclusing GST and Customs Act

The introduction of Goods and Services Tax on 1st July 2017 was a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and State taxes into a single tax the aim was to mitigate cascading or double taxation in a major way and pave the way for a common national market. The Under Graduate syllabus of Commerce and Management courses of all major universities in Tamil Nadu have been amended to accommodate the inclusion of Indirect taxes with the implementation of GST Act. This paper has been adopted as an independent paper in a few universities. Also GST forms a part of other core papers in few universities. In this book titled – FUNDAMENTALS OF INDIRECT TAXATION - Including GST and Customs Act the concept of GST its working and applicability is also explained in detail with illustrations. A separate chapter has been devoted entirely to explaining the intricacies of Customs Act. The language of the book is also kept simple for the benefit of students for understanding.