Indirect Taxes and G.S.T. Book For B. Com (Hons.) Semester IV of Ranchi University, Marwari College Ranchi, Ranchi Women’s College, St. Xavier’s College Ranchi, and Nilambar Pitamber University Daltonganj. The law stated in this book is amended up to July 2021. • The most unique feature of the book is that Notifications dated 30th July 2021 regarding an exemption to the registered persons whose aggregate turnover is up to Rs. 2 crores from filing GST Annual Return for the Financial Year 2020-21 and deletion of the requirement of Audit of accounts have been included in the book. • Most authentic, up-to-date, and comprehensive textbook on GST. • The book covers all topics of the syllabi of various universities for undergraduate and postgraduate courses. • In the present revised edition almost all the chapters have been thoroughly revised and updated and a chapter on Payment and Refund of Tax (with TDS and TCS) has been completely rewritten. • At the end of each chapter large number of MCQ and Short Questions with Ans. have been given which enable students to learn faster. This unique feature will serve as the backbone in understanding the whole chapter. • Latest Examination Question Paper of Ranchi University has been included in the book. • Law relating to GST has been discussed thoroughly in easy language and in a lucid style. • Amendments in GST made by the Finance Act, 2021 have been duly incorporated in the book. • The questions asked in recent university examinations have been incorporated into the book. • Every chapter contains a complete explanation of the topic with suitable examples and, where necessary, followed by graded solved illustrations and questions for practice with Ans.