Goods And Services Tax - Practical

Paper Code: 
24CATG512
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course title

24CATG512

Goods and Services Tax – Practical

(Practical)

CO151: Attain an understanding about nitty-gritties(Forms) involved in seeking Registration under GST and assess the awareness about Recent amendments regarding exemptions under GST     CO152:   Classify types of supply and infer provisions and compliances applicable to composition dealers.               CO153: Analyze various types of GST Liabilities and infer provisions pertaining to Reverse Charge Mechanism.        

CO154: Generation of E waybills on the portal – Steps involved

CO155: Evaluate Case studies on GST Audits and maintenance of records

CO156: Contribute effectively in course-specific interaction

Approach in

teaching: Interactive Lectures, Tutorials, Class discussions

 

Learning

activities for the

students: Assignments, application based questions, case studies and group discussions

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

 

6.00
Unit I: 
Applicable Forms for Registration under GST:

• Study of various forms involved for seeking registration under GST and amendment thereof.
• Recent amendments regarding exemptions of goods and services from GST

6.00
Unit II: 
Composition Dealers and Type of Supply:

Unit II: Composition Dealers and Type of Supply:
• Differentiation between exempt, zero rated and taxable supplies taking practical examples of these supplies. Detailed practical study of composition dealers and compliances observed by them.

6.00
Unit III: 
GST Liabilities and Reverse Charge Mechanism:

• Case studies based on various GST liabilities and identifying live examples where reverse charge mechanism is applicable

6.00
Unit IV: 
Generation of E-Way Bills:

• Procedure for Generation of E-Way Bills on the common portal

6.00
Unit V: 
GST Audit and Maintenance of Records:

• Case studies on GST Audits and maintenance of records

Essential Readings: 

● Chaudhary, V., Dalmia, A., & Girdharwal, S. GST- A practical Approach. Taxmann's Publications.
● Patel, & Choudhary. Goods and Service Tax. Choudhary Prakashan.
● Shah, & Mangal. Goods and Services Tax. Ramesh Book Depot.
● Nitya Tax Associates, Basics of GST. Taxmann’s Publications
● Ahuja, G. & Gupta, R. Professional Approach to Direct Taxes. Bharat Law House Pvt Ltd, New Delhi
● Vinod. K. Singhania. Direct Tax Planning and Management. Taxmann’s
● Tax Planning. RBD Publications

References: 

● Mohan, R. Illustrated Guide to Goods and Services Tax. Bharat Publications
● Bangar, V. & Bangar, Y. Beginner’s Guide to GST. Aadhya Publications
● Bhargava, S.R & Jain N.L . Tax Planning via Status in Direct tax matters
● Shrivastva , E. A. Corporate Tax Planning

Academic Year: 
2024-2025
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