This course will enable the students get acquaintance with the procedural compliances under GST and have an overview of Customs Act (on points specified)
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Course |
Course Outcomes |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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25ATG422 |
Practical Approach to Goods and Services Tax (Theory) |
CO97: Interpret the provisions of IGST Act pertaining to Place of supply, Zero Rated Supply, Administration, Runds, Apportionment of tax and settlement of funds CO98: Attain a conceptual understanding about filing of Returns, Demand, Recovery and liability to pay and Inspection, Search, Seizure and Arrest CO99: Interpret the provisions relating to Offences, Penalties and Punishments- Compounding of offences, Appeals and Revisions CO100: Explain the statutory compliances related to Advanced Ruling, Miscellaneous Provisions, Job Work Procedures and Anti Profiteering. CO101: Develop an overview of the levy and collection of customs duty, types of customs duty including procedure for import and export.Computation of Basic Customs Duty. CO102: Contribute effectively in course-specific interaction |
Approach in Teaching: Interactive Lectures, Discussion, Tutorials, Problem Solving Sessions & Presentations
Learning activities for the students: Self-learning assignments, Case Study Analysis, Class Presentations (Individual & Group)
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Continuous Assessment Test, Semester End Examinations, Quiz, Solving Numerical Problems, Assignments, Individual & Group Projects |
● Definition, levy and collection of Tax in IGST,
● Place of supply
● Zero Rated Supply in IGST,
● Administration, Refund and Apportionment of Tax and settlement of funds in IGST
● Filing of Tax Return
● Demand, Recovery and liability to pay
● Inspection, Search, Seizure and Arrest
● Offences, Penalties and Punishments- Compounding of offences
● Appeals and Revisions
● Advance Ruling,
● Miscellaneous Provisions
● Job Work Procedure and Anti-Profiteering
An Overview of Customs Act Levy and collection of customs duties; Types of Custom duties; Tax Liability and valuation of Goods, Computation of Customs duty, Procedure for Import and Export
1. Basics OfGst- Nitya Tax Associates (Taxmann’s Publications)
2. Gst- A Practical Approach—Vashisthachaudhary, Ashudalmia, Shaifalygirdharwal(Taxmann’s Publications)
Suggested Readings :
1. Illustrated Guide To Goods And Services Tax- Ca Rajat Mohan (Bharat Publications)
2. Biginner’s Guide ToGst- VandanaBangar, YogendraBangar (Aadhya Publications)
3. Customs Act - - VandanaBangar, YogendraBangar (Aadhya Publications)
4. Goods And Service Tax-Patel, Choudhary (Choudharyprakashan)
e-Resources:
1. https://cbic-gst.gov.in [2]
2. https://cleartax.in/s/gst-book-online-pdf [3]
3. http://www.idtc.icai.org/gst.html [4]
4. https://taxmantra.com/wp-content/uploads/2017/03/GST-Ebook.pdf [5]
Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless
Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/practical-approach-goods-and-services-tax-3
[2] https://cbic-gst.gov.in
[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/2025-2026