GST Act

Commercial’s GST – Bare Act with Short Comments, 2026 Edition, published by Commercial Law Publishers (India) Pvt. Ltd., is a comprehensive legal reference covering the principal Goods and Services Tax (GST) legislations applicable in India. Designed for chartered accountants, tax consultants, advocates, law students, finance professionals, business owners, and compliance practitioners, this edition brings together the central GST laws and related enactments in a consolidated format, supplemented by short comments for convenient understanding and practical legal reference. It incorporates the legislative amendments indicated on the cover, including relevant changes introduced by the Finance Act, 2026, and the Finance (No. 2) Act, 2024.

The book includes the following major GST legislations:

• The Central Goods and Services Tax Act, 2017 – Covers the levy and collection of central GST, registration, supply of goods and services, input tax credit, tax invoices, returns, assessment, refunds, demands, recovery, appeals, offences, and penalties.

• The Central Goods and Services Tax (Extension to Jammu and Kashmir) Act, 2017 – Provides for the extension of the central GST framework to Jammu and Kashmir.

• The Integrated Goods and Services Tax Act, 2017 – Covers integrated GST on inter-State supplies, exports, imports, place-of-supply provisions, and the treatment of cross-border transactions.

• The Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Act, 2017 – Addresses the extension of the integrated GST framework to Jammu and Kashmir.

• The Union Territory Goods and Services Tax Act, 2017 – Governs the levy and collection of GST in Union Territories covered by the legislation.

• The Goods and Services Tax (Compensation to States) Act, 2017 – Provides the statutory framework for compensation to States for revenue losses arising from the implementation of GST, subject to the applicable provisions and amendments.

The content covers the principal areas of GST law, including:

• Levy and Collection of GST • Classification and Taxability of Goods and Services • Time, Value, and Place of Supply • Registration Requirements and Compliance Obligations • Input Tax Credit and Eligibility Conditions • Tax Invoices, Credit Notes, and Debit Notes • Electronic Commerce and Tax Collection at Source • Tax Returns, Payment of Tax, and Electronic Ledgers • Refunds, Assessment, Audit, and Inspection • Determination of Tax Liability, Demands, and Recovery • Appeals, Revision, and Advance Ruling • Offences, Penalties, and Prosecution • Special Provisions for Exports, Imports, and Inter-State Transactions • GST Compensation to States and Related Statutory Provisions • Relevant Legislative Amendments and Updates Identified on the Cover

This edition is particularly suitable for:

• Chartered accountants and tax practitioners handling GST compliance and advisory work • Advocates and legal professionals dealing with indirect taxation disputes • Law, commerce, and management students studying GST legislation • Business owners and entrepreneurs seeking to understand their tax obligations • Finance, accounts, and compliance teams responsible for GST returns and documentation • Tax consultants and professionals assisting businesses with input tax credit, refunds, and assessments • Candidates preparing for professional examinations involving indirect taxation • Researchers and academicians requiring a consolidated reference to India's GST laws

Whether used for professional practice, examination preparation, academic study, or business compliance, this 2026 edition provides a consolidated reference to India's principal GST enactments. Its statutory coverage and short comments make it a practical resource for understanding GST registration, tax liability, input tax credit, returns, refunds, assessments, appeals, and other essential aspects of the indirect taxation framework in India.