"We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle." where the Winston Churchill quote depicted the feeling of frustrated tax payers how they are expres...

"We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle." where the Winston Churchill quote depicted the feeling of frustrated tax payers how they are expressing distress and annoyance. The indirect taxes -Goods and Services Tax (GST) are paid by every human (and for non-Human) on their stepping in the process of day-to-day routine. The book encapsulates the Goods and Services Tax (GST) Concepts and the scope of Supply, focusing upon the following broad areas like Basic Concepts, Components, Composition Scheme, Input tax credit, Supply, Reverse Charge Mechanism, E-way bill, Registration, Returns, , and other aspects of GST. The purpose of this book is to impart students/ readers, conceptual understanding of the provisions of GST. The introduction of GST has changed the landscape of fiscal federalism in India. It has charted out a new course for Union-State fiscal relations, signifying the spirit of co-operative federalism. The new tax is contributing to make India a flawless national market, elevating trade and industry and, in turn, economic growth. This ensures facilitating administration and improved compliance and collection of taxes on supply of goods and services.