GOODS AND SERVICES TAX ACT-II

Paper Code: 
25TPT232
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

 

25TPT232  

Goods and Services Tax-II (Theory)

CO25:  Develop an understand about the concept of Reverse Charge Mechanism and Exemptions under GST and applicable rates of GST

CO26: Explain the process of Payment of Tax, Computation of interest on delayed or excessive claim of ITC, TDS and TCS

CO27: Interpret the provisions and develop an understanding pertaining to Administration and Audit, Maintenance of Records and E-Way Bills

CO28: Attain a conceptual understanding about filing of Returns and Tax Assessment

CO29: Develop an understanding regarding provisions pertaining to Demand, Recovery and liability to pay, Inspection, Search, Seizure and Arrest Computation of GST Liability

CO30: 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: 
RCM, Exemptions, and Applicable rates of GST
  • 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: 
Records, E-Way Bills, Administration, and Audit
  • Maintenance of Records
  • E-ways Bills and rules
  • Administration and Audit

 

12.00
Unit IV: 
Tax returns, Assessments and Refunds

                                                                                                                                                                    

  • Filing of Tax Return
  • Tax Assessment

 

 

12.00
Unit V: 
Demand, Recovery, Inspection, Search and Seizure

                                                

  • Demand, Recovery and liability to pay
  • Inspection, Search, Seizure and Arrest

 

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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