Published on Accounting and Taxation (https://accountingtaxation.iisuniv.ac.in)

Home > GOODS AND SERVICES TAX

GOODS AND SERVICES TAX [1]

Paper Code: 
AAF 615
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

Course Outcomes

Learning and teaching strategies

Assessment Strategies

  
 

On completion of this course, the students will be able to:

CO202: Organize the broad framework of Indirect Taxes in India and learn the process of registration under CGST.         

CO203:  Evaluate different types of supply and provisions regarding composition levy and various Exemptions under GST.                  

CO204: Calculate  Time, Value, and place of money  along with input tax credit                        

CO205: Consider the concept of  reverse charge Mechanism                     & Computation of GST Liability

CO206: Outline about provisions related to maintenance of records, Generation of E waybills and Filing of tax return

Interactive Lectures, Tutorials, Class discussion, assignments & application based questions

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

 

 

9.00
Unit I: 

·         CGST: Basic Knowledge, Important Definitions, Legal, Framework of CGST, Procedure for registration under CGST

9.00
Unit II: 

·         Supply: Meaning, Nature, Concept, Scope and Types of Supply. Composition levy, Levy and Collection of Tax, Exemptions from GST

 

9.00
Unit III: 

·         Time of Supply: Value of Supply, Place of Supply, Input Tax Credit

9.00
Unit IV: 

·         Reverse Charge Mechanism: Applicable rates of GST, Payment of Tax, Computation of GST liability

9.00
Unit V: 

·         Maintenance of Records: E-ways Bills and rules, Filing of Tax Return

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)
  • Goods and Services Tax – Shah and Mangal (Ramesh Book Depot)
References: 
Academic Year: 
2022-2023 [6]

Follow Accounting and Taxation on:

IIS (Deemed to be University)

Gurukul Marg, SFS, Mansarovar, Jaipur 302020, (Raj.) India Phone:- +91-141-2400160-61, 2397906-07, Fax: 2395494, 2781158

Source URL: https://accountingtaxation.iisuniv.ac.in/courses/subjects/goods-and-services-tax-1

Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/goods-and-services-tax-1
[2] file:///D:/IIS%20Documents/Syllabus/Syllabus%202022-23/BOS%20AAF%20Syllabus%202022-23/AAF%20SYLLABUS%202022-23/Final%20Print%20AAF%20Syllabus%202022-23/%0dhttps:/cbic-gst.gov.in%0d
[3] https://cleartax.in/s/gst-book-online-pdf
[4] http://www.idtc.icai.org/gst.html
[5] https://taxmantra.com/wp-content/uploads/2017/03/GST-Ebook.pdf
[6] https://accountingtaxation.iisuniv.ac.in/academic-year/2022-2023