Goods and Services Tax

Paper Code: 
AAF 515
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

The objective of this course is to gain knowledge of the provisions of Goods and Service Tax as mentioned below.

Course Outcome (COs):

 

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

 

 

 

 

 

 

 

 

 

AAF 515

 

 

 

 

 

 

 

 

 

Goods and Service Tax

CO 182: Understand the broad framework of Indirect Taxes in India and to learn the process of registration under CGST.         

CO 183:  Identify different types of supply and provisions regarding composition levy  and various Exemptions under GST.                   CO 184: Calculate  Time, Value and place of money  along with input tax credit                         CO 185: Recognise the concept of  reverse charge Mechanism                     & Computation of GST Liability

CO 186: Aware about provisions related to maintenance of records, Generation of E way bills and Filing of tax return

Approach in teaching: Interactive Lectures, Tutorials, Class discussion

 

Learning activities for the students: To give assignments & application based questions

Class test, Semester end examinations, Quiz, Solving Numerical problems in tutorials, Assignments, Class Presentation, Individual and group projects

 

9.00

CGST- Basic Knowledge, Important Definitions, Legal, Framework of CGST, Procedure for registration under CGST

9.00

Supply- Meaning, Nature, Concept, Scope and Types of Supply

Composition levy, Levy and Collection of Tax, Exemptions from GST

9.00

Time of Suuply

Value of Supply

Place of Supply

Input Tax Credit

9.00

Reverse Charge Mechanism,

Applicable rates of GST

 Payment of Tax

Computation of GST liability

9.00

Maintenance of Records

E-ways Bills and rules

Filing of Tax Return

Essential Readings: 
  1. Basics of GST- Nitya Tax Associates (Taxmann’s Publications)
  2. GST- A Practical Approach—  Vashistha Chaudhary, Ashu Dalmia, Shaifaly Girdharwal (Taxmann’s Publications)
  3. Goods and Service Tax-Patel, Choudhary (Choudhary Prakashan)
References: 
  1. Illustrated Guide to Goods and Services Tax- CA Rajat Mohan (Bharat Publications)
  2. Biginner’s Guide to GST- Vandana Bangar, Yogendra Bangar (Aadhya Publications)

 

Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless

 

Academic Year: 
2020-2021
  • Printer-friendly version
  • PDF version