GOODS AND SERVICES TAX ACT -I

Paper Code: 
25TPT132
Credits: 
04
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students develop a basic understanding of the specific provisions of Goods and Services Tax having practical relevance.

 

Course Outcomes: 

 

Course outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

 

25TPT132  

 

Goods And Services Tax Act -I

 (Theory)

CO7: Attain an understanding about the broad framework of Indirect Taxes in India and the process of registration, its cancellation and revocation under CGST.         

CO8: Classify types of supply and infer provisions pertaining to composition levy and various Exemptions under GST.                  

CO9: Analyze   Time and Value of supply 

CO10: Interpret the provisions related to Place of supply including Input Tax Credit

CO11: Computation of GST Liability

CO12: Contribute effectively in course-specific interaction

 

Approach in

teaching:

Interactive Lectures, Discussions, Tutorials, Problem solving sessions, Presentations

 

 

Learning activities for the students:

Self-learning assignments, Case Study Analysis, Presentations, Group Discussions

Continuous Assessment Test, Semester End Examinations, Quiz, Solving Numerical Problems, Assignments, Class Presentations, Individual and group projects

 

12.00
Unit I: 
Concept of Indirect Taxes at a Glance
  • Indirect taxes in India – An overview;
  • Pre-GST tax structure and deficiencies; Existing tax structure.
  • CGST- Basic Knowledge, Definitions
  • Registration: Procedure for registration under GST
  • Cancellation and revocation of Cancellation

 

12.00
Unit II: 
Meaning, concept and scope of supply
  • Inter State and Intra State Supply,
  • Composite and Mixed Supply,
  • Continuous Supply and Zero Rated Supply,
  • Taxable and Non Taxable supplies,
  • Composition levy, Levy and Collection of Tax

 

12.00
Unit III: 
Time and Value of supply
  • Time of Supply
  • Value of supply

 

12.00
Unit IV: 
Place of supply and ITC

• Place of Supply • Input Tax Credit

12.00
Unit V: 
Tax liability
  • Computation of Tax Liability

 

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)

 

Academic Year: 
2025-2026
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