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Indirect Tax Laws -I [1]

Paper Code: 
25BCP413
Credits: 
04
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to acquire the ability to analyse and interpret the provisions of Indirect tax laws and recommend optimal solutions to practical problems in a tax efficient manner.

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

title

25BCP413

Indirect Tax Laws- I (Theory)

 

CO 127 Comprehend the taxable event under the provisions of the goods and services tax law and recommend solutions to practical problems.

CO 128 Analyze the provisions relating to charge of tax, reverse charge, exemptions, composition and place.

CO 129 Compute Time and Value of supply and GST liability of registered person

CO 130 Develop an understanding of Input tax credit, registration, tax invoice, credit and debit notes, electronic way bill, accounts and records.

CO 131 Summarize the Procedures under GST including returns, payment of tax including tax deduction at source and tax collection at source, refund, job work.

CO 132 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: 
Introduction to GST

·         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: 
Conceptual Aspect of GST-I

·         Charge of tax including reverse charge; Exemption from tax; Composition levy, Place of supply

12.00
Unit III: 
Conceptual Aspects of GST-II

·         Time and Value of supply, Input tax credit, Computation of GST liability

12.00
Unit IV: 
Procedural Aspects of GST-I

·         Procedures under GST including registration, tax invoice, credit and debit notes, electronic way bill, accounts and records

12.00
Unit V: 
Procedural Aspects of GST-I

·         Procedures under GST including returns, payment of tax, Refunds and case studies based on refund provisions

Essential Readings: 

SUGGESTED READINGS:

·         Scanner-Arun Kumar (Suchitra Prakashan (P) Ltd)

·         Yogendra Bangar; Indirect Tax Law & Practice; (Aadhya Academy)

·         Indirect Taxation- V Balachandran ( Sultan Chand & Sons New Delhi)

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

References: 

E-RESOURCES:

·         https://www.icai.org/post/final-nset [2]

JOURNALS:

·         The Chartered Accountant Journal /ICAI Student Journal

Academic Year: 
2025-2026 [3]

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/indirect-tax-laws-i-16

Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/indirect-tax-laws-i-16
[2] https://www.icai.org/post/final-nset
[3] https://accountingtaxation.iisuniv.ac.in/academic-year/2025-2026