A Practical Guide To GST On Textile Industry
- Year of Publication: 2020
- Edition: 1st
- ISBN: 978-93-90252-10-7
- No.of Pages: 927
The purpose of this book is to enable the taxable person to understand the applicability and impact of GST provisions with respect to the Textile Industry. The comprehensive and in-depth practical knowledge of the three authors would help in the implementation of the provisions in an easy manner.
This book is divided into eight parts as follows:
Part 1 - Introduction and Overview
Part 2 - GST impact analysis on relevant sectors: Manufacturers and Traders, Service Providers, Job workers and other supplies.
Part 3 - Conceptual law containing classification, ITC, valuation, place of supply, reverse charge and transitional provisions.
Part 4 - Procedural law containing registration, payment, returns, refunds, assessment, audit, advance ruling, appeals, penalties, demands etc.
Part 5 – Import and export containing SEZ supplies and FTP incentives.
Part 6 – Disputes mitigation and department actions, [focussing on prevention of possible disputes & their resolution].
Part 7 - Tax planning and professional services.
Part 8 – Miscellaneous containing FAQs and filled forms.
Key features
- Detailed and practical analysis of the GST provisions with case laws and checklists pertaining to the textile industry.
- Covering possible dispute areas along with their resolutions.
- Detailed analysis of the tax planning aspect.
- Covering FAQs for removal of doubts.
- Blank as well as filled forms for better understanding and ease of compliance.
- Detailed discussion on the role of professionals on how they can help in various GST matters.
- Incorporating amendments of the Finance Bill, 2020.
He is currently a partner of the Tax & Regulatory Division of S. Khaitan & Associates. He is a member of the GST & Indirect Taxes Committee of the Institute of Chartered
Accountants of India for both 2019-20 and 2018-19. Further, he is also a Member of the West Bengal State Council, Economic Affairs and Taxation Committee and committees of Confederation of Indian Industry for 2019-20, the National Council on Indirect Taxes for Assocham for the years 2018, 2019 and 2020. He has regularly represented these associations and chambers before various Government authorities including the GST Council, Central Board of Indirect Taxes and Customs, State Government authorities etc.
Shubham has regularly been conducting training sessions and seminars for wellknown corporates, trade associations, universities, professional bodies, study circles etc. throughout the country. Further, he regularly writes articles on various professional and industrial forums on GST and other Indirect Tax Laws.
Shubham has been handling opinions and advisory services, drafting and representation before various departmental and appellate authorities during litigation, planning and structuring business transactions to optimize the impact of GST, conducting cost-benefit analysis from IDT perspective while taking any business decisions, diagnostic review of the business operations etc.
She is a Partner in Hiregange & Associates, a firm having offices in Bangalore, Hyderabad, Vishakhapatnam, Mumbai, Pune, Chennai, Gurugram & Guwahati. Currently in charge of the consultancy & retainership divisions therein. She has co-authored several books like Practical Guide to GST on real estate, Central Excise Made Simple, Handbook on Central Sales tax, Students Handbook on Indirect taxes, ICAI Background Material [BGM] of Certificate Course on Indirect Taxes of ICAI and also the author of the 2/3 days ST enabler course conducted by ICAI.
She is an active speaker in over 150 seminars including State Chartered Accountants Assn, ICAI branches chapters, currently working on GST procedures book expected to be out by March of 2020.
She has been advising numerous clients from varied sectors in GST with focus on optimisation of taxes, cost savings, GST impact analysis, GST review services and resolving issues under GST law and procedural aspects.
She has been actively involved in sharing knowledge through seminars and articles and regularly contributes to Peenya Industries Association, Karnataka State Chartered Accountants Assn (KSCAA), Pune ICAI monthly newsletter and Ernakulam monthly newsletters of ICAI, Articles on CA Club, Linked In for past several years.
CA Madhukar N Hiregange, having 36+ years of Post Qualification Experience and Founder Partner of H N A Co., LLP (formerly known as Hiregange & Associates LLP), Specialized in Indirect Taxation, Firm located at 15 cities in India with 500+ committed staff. He is a Director of HNA Advisory Services Pvt Ltd.
He has Jointly Authored 36 books in IDT including GST and Contributed 1000+ articles. Regularly contributes on Linked in & Taxsutra. He Has been active in spreading awareness through his articles, videos and workshops on GST and empowerment.
He Contributed to the nation by volunteering to the Central Council of ICAI for 6 past years. Initially contributed to the students’ education and examination. Further from 2011 onwards empowered more than 150,000 CAs to take up Service tax and then GST practice. From Last 2 decades, he is on a mission to create committed professional leaders
and has encouraged 500+ leading professionals in Industry and Practice to take up ethical practice in IDT.
He Involved with Empower Education Foundation- supporting lesser privileged students in 6 schools & Hiregange Academy, a knowledge & employability NPO, which is serving 4500 learners per year to enhance their capability mainly in IDT and Excel skills.
In 2024- 25 planning an online initiative to share what is that which is not taught in schools & colleges in India through The Hiregange Bridge.
Recently started efforts on supporting professionals to energise their careers/ practice. A small booklet was penned- How to flourish in Career & Practice.
He Believes in value-based practice and life.
Bloomsbury Professional India brings out quality content on tax, accounting and law for professionals in India. Bloomsbury Professional is part of Bloomsbury, a UK based company with offices in London, Oxford, New York, Sydney and New Delhi. The New Delhi based office of the publisher, have over the past few years of operations in India, brought out several market leading books and aims to be the first choice of professionals.
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- Year of Publication: 2020
- Edition: 1st
- ISBN: 978-93-90252-10-7
- No.of Pages: 927
The purpose of this book is to enable the taxable person to understand the applicability and impact of GST provisions with respect to the Textile Industry. The comprehensive and in-depth practical knowledge of the three authors would help in the implementation of the provisions in an easy manner.
This book is divided into eight parts as follows:
Part 1 - Introduction and Overview
Part 2 - GST impact analysis on relevant sectors: Manufacturers and Traders, Service Providers, Job workers and other supplies.
Part 3 - Conceptual law containing classification, ITC, valuation, place of supply, reverse charge and transitional provisions.
Part 4 - Procedural law containing registration, payment, returns, refunds, assessment, audit, advance ruling, appeals, penalties, demands etc.
Part 5 – Import and export containing SEZ supplies and FTP incentives.
Part 6 – Disputes mitigation and department actions, [focussing on prevention of possible disputes & their resolution].
Part 7 - Tax planning and professional services.
Part 8 – Miscellaneous containing FAQs and filled forms.
Key features
- Detailed and practical analysis of the GST provisions with case laws and checklists pertaining to the textile industry.
- Covering possible dispute areas along with their resolutions.
- Detailed analysis of the tax planning aspect.
- Covering FAQs for removal of doubts.
- Blank as well as filled forms for better understanding and ease of compliance.
- Detailed discussion on the role of professionals on how they can help in various GST matters.
- Incorporating amendments of the Finance Bill, 2020.
He is currently a partner of the Tax & Regulatory Division of S. Khaitan & Associates. He is a member of the GST & Indirect Taxes Committee of the Institute of Chartered
Accountants of India for both 2019-20 and 2018-19. Further, he is also a Member of the West Bengal State Council, Economic Affairs and Taxation Committee and committees of Confederation of Indian Industry for 2019-20, the National Council on Indirect Taxes for Assocham for the years 2018, 2019 and 2020. He has regularly represented these associations and chambers before various Government authorities including the GST Council, Central Board of Indirect Taxes and Customs, State Government authorities etc.
Shubham has regularly been conducting training sessions and seminars for wellknown corporates, trade associations, universities, professional bodies, study circles etc. throughout the country. Further, he regularly writes articles on various professional and industrial forums on GST and other Indirect Tax Laws.
Shubham has been handling opinions and advisory services, drafting and representation before various departmental and appellate authorities during litigation, planning and structuring business transactions to optimize the impact of GST, conducting cost-benefit analysis from IDT perspective while taking any business decisions, diagnostic review of the business operations etc.
She is a Partner in Hiregange & Associates, a firm having offices in Bangalore, Hyderabad, Vishakhapatnam, Mumbai, Pune, Chennai, Gurugram & Guwahati. Currently in charge of the consultancy & retainership divisions therein. She has co-authored several books like Practical Guide to GST on real estate, Central Excise Made Simple, Handbook on Central Sales tax, Students Handbook on Indirect taxes, ICAI Background Material [BGM] of Certificate Course on Indirect Taxes of ICAI and also the author of the 2/3 days ST enabler course conducted by ICAI.
She is an active speaker in over 150 seminars including State Chartered Accountants Assn, ICAI branches chapters, currently working on GST procedures book expected to be out by March of 2020.
She has been advising numerous clients from varied sectors in GST with focus on optimisation of taxes, cost savings, GST impact analysis, GST review services and resolving issues under GST law and procedural aspects.
She has been actively involved in sharing knowledge through seminars and articles and regularly contributes to Peenya Industries Association, Karnataka State Chartered Accountants Assn (KSCAA), Pune ICAI monthly newsletter and Ernakulam monthly newsletters of ICAI, Articles on CA Club, Linked In for past several years.
CA Madhukar N Hiregange, having 36+ years of Post Qualification Experience and Founder Partner of H N A Co., LLP (formerly known as Hiregange & Associates LLP), Specialized in Indirect Taxation, Firm located at 15 cities in India with 500+ committed staff. He is a Director of HNA Advisory Services Pvt Ltd.
He has Jointly Authored 36 books in IDT including GST and Contributed 1000+ articles. Regularly contributes on Linked in & Taxsutra. He Has been active in spreading awareness through his articles, videos and workshops on GST and empowerment.
He Contributed to the nation by volunteering to the Central Council of ICAI for 6 past years. Initially contributed to the students’ education and examination. Further from 2011 onwards empowered more than 150,000 CAs to take up Service tax and then GST practice. From Last 2 decades, he is on a mission to create committed professional leaders
and has encouraged 500+ leading professionals in Industry and Practice to take up ethical practice in IDT.
He Involved with Empower Education Foundation- supporting lesser privileged students in 6 schools & Hiregange Academy, a knowledge & employability NPO, which is serving 4500 learners per year to enhance their capability mainly in IDT and Excel skills.
In 2024- 25 planning an online initiative to share what is that which is not taught in schools & colleges in India through The Hiregange Bridge.
Recently started efforts on supporting professionals to energise their careers/ practice. A small booklet was penned- How to flourish in Career & Practice.
He Believes in value-based practice and life.
Bloomsbury Professional India brings out quality content on tax, accounting and law for professionals in India. Bloomsbury Professional is part of Bloomsbury, a UK based company with offices in London, Oxford, New York, Sydney and New Delhi. The New Delhi based office of the publisher, have over the past few years of operations in India, brought out several market leading books and aims to be the first choice of professionals.
