Indirect Tax Laws-I

Paper Code: 
BCP-515
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

  • To acquire the ability to analyze and interpret the provisions of the goods and services tax law and recommend solutions to practical problems.

 

Course Outcomes (COs):

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

BCP-515

Indirect Tax Laws-I
  • CO 173 To acquire the ability to analyze and interpret the provisions of the goods and services tax law and recommend solutions to practical problems.
  • CO 174 To compute the GST liability of registered person and analyze the provisions relating to ITC
  • CO 175 To understand and explain different types of assessment and audit  which a registered person may be subjected to including penalties and offences

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments

 

Learning activities for the students:

Self learning assignments, Effective questions, Seminar presentation,

 

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

 

12.00
Unit I: 
Goods and Services Tax (GST) Law as contained in the Central Goods and Services Tax (CGST) Act, 2017 and Integrated Goods and Services Tax (IGST) Act, 2017
  • Introduction to GST in India including Constitutional aspects
  • Levy and collection of CGST and IGST – Application of CGST/IGST law; Concept of supply including composite and mixed supplies, inter-State supply, intra-State supply, supplies in territorial waters;

 

12.00
Unit II: 
Goods and Services Tax (GST) Law as contained in the Central Goods and Services Tax (CGST) Act, 2017 and Integrated Goods and Services Tax (IGST) Act, 2017
  • Charge of tax including reverse charge; Exemption from tax; Composition levy, Place of supply
12.00
Unit III: 
Goods and Services Tax (GST) Law as contained in the Central Goods and Services Tax (CGST) Act, 2017 and Integrated Goods and Services Tax (IGST) Act, 2017
  • Time and Value of supply, Input tax credit, Computation of GST liability
12.00
Unit IV: 
Goods and Services Tax (GST) Law as contained in the Central Goods and Services Tax (CGST) Act, 2017 and Integrated Goods and Services Tax (IGST) Act, 2017
  • Procedures under GST including registration, tax invoice, credit and debit notes, electronic way bill, accounts and records

 

12.00
Unit V: 
Goods and Services Tax (GST) Law as contained in the Central Goods and Services Tax (CGST) Act, 2017 and Integrated Goods and Services Tax (IGST) Act, 2017
  • Procedures under GST including returns, payment of tax including tax deduction at source and tax collection at source, refund, job work Liability to pay in certain cases
References: 
  1. Indirect Tax Law & Practice- Yogendra Bangar (Aadhya Academy)
  2. Study Material Published by ICAI
  3. Scanner: Arun Kumar (Suchitra Prakashan P Ltd)

 

Academic Year: 
2020-2021
  • Printer-friendly version
  • PDF version