GOODS AND SERVICES TAX ACT-II

Paper Code: 
TPT-232
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Outcome(COs):

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

 
 

CO 21: Understand the concept of Reverse Charge Mechanism and Exemptions under GST

CO 22: Know the procedure for payment of GST through electronic ledgers

CO 23: Understand the requirements of maintenance of records and importance of E-way Bills

CO 24: Comprehend the procedure of tax filing, tax assessment and tax refund

CO 25: Outline the broad framework of Demand, Recovery, Inspection, Search, Seizure and Arrest and have an idea about the provisions related to Offences, Penalties and Punishments

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, assignments.

 

Learning activities for the students:

Self-learning assignments, Objective questions, Group tasks

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Individual projects

 

 

12.00
Unit I: 

Reverse Charge Mechanism

Exemptions from GST

Applicable rates of GST

12.00
Unit II: 

Payment of Tax-Electronic Cash Ledger, Electronic Credit Ledger, Electronic Liability Register, Interest on Delayed Payment, TDS, TCS

12.00
Unit III: 

Maintenance of Records

E-ways Bills and rules,

Administration and Audit

12.00
Unit IV: 

Filing of Tax Return, Tax Assessment, Tax Refund Demand, Recovery and liability to pay

 Inspection, Search, Seizure and Arrest, 

12.00
Unit V: 

Appeals and Revisions

Offences, Penalties and Punishments

Advance Ruling

Essential Readings: 
  • Basics of GST- Nitya Tax Associates (Taxmann’s Publications)
  • GST- A Practical Approach—  Vashistha Chaudhary, Ashu Dalmia, Shaifaly Girdharwal (Taxmann’s Publications)
  • Goods and Service Tax-Patel, Choudhary (Choudhary Prakashan)

 

References: 
  • Basics of GST- Nitya Tax Associates (Taxmann’s Publications)
  • GST- A Practical Approach—  Vashistha Chaudhary, Ashu Dalmia, Shaifaly Girdharwal (Taxmann’s Publications)
  • Goods and Service Tax-Patel, Choudhary (Choudhary Prakashan)

 

Academic Year: 
2023-2024
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