Indirect Tax Laws and International Taxation

Paper Code: 
BCS 217
Credits: 
03
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To acquire expert knowledge of the practical and procedural aspects of Indirect Tax Laws.

 

9.00
Unit I: 
Service Tax

An Overview of Service Tax: Background, Negative List Approach, Taxable Services, Administrative Mechanism, Registration and Procedural Aspects, Rate and Computation of Tax, Levy, Collection and Payment of Service Tax

9.00
Unit II: 
An Overview of Value Added Tax

Legislative Background, Concept of VAT, Declared Goods, Administrative Mechanism, Registration and Procedural Aspects, Rate and Computation of Tax, Levy, Collection and Payment of VAT

9.00
Unit III: 
Central Sales Tax

Tax on Inter- State Trade and Exports -

Registration, Preparation and Filing of E-Returns, Rates of Tax,

Assessment and Refunds

9.00
Unit IV: 
Basic Concepts of International Taxation

Residency Issues; Source of Income; Tax Havens; Withholding

Tax, Unilateral Relief and Double Taxation Avoidance

Agreements Controlled Foreign Corporation, Advance Rulings

and Tax Planning, Authority for Advance Rulings

9.00
Unit V: 
Transfer Pricing

Concepts, Meaning of International Transactions

Computation of Arm's Length Price & Methods

Documentation and Procedural Aspects

General Anti Avoidance Rules (GAAR)

References: 

1. Indirect Taxes Law & Practices-V.S Datey(Taxmann Publications New Delhi)

2. Indirect Taxtion- V Balachandran ( Sultan Chand & Sons New Delhi)

3. Systematic Approach to Indirect Taxes-Dr Sanjeev Kumar (Bharat Law House New Delhi)

4. Customs Law & Procedure- SP Bhatnagar (Centex Publications New Delhi)

5. Central Excise-Law, Practice & Procedure-Acharya Shuklendra(Modern Law House Allahbad)

6. Study Material Published by ICSI

7. Scanner: Arun Kumar (Suchita Prakashans )

 

Academic Year: