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

Home > IGST and Customs Law

IGST and Customs Law [1]

Paper Code: 
25TPT332
Credits: 
04
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students develop a basic understanding of the specific provisions of Integrated Goods and Services Tax and Customs Law.

 

Course Outcomes: 

 

Course outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

25TPT332

IGST and Customs Law (Theory)

 

CO43: Enhance knowledge about the applications of provisions of IGST

CO44: Appraise different aspects of apportionment of tax, offences, penalties and punishments in IGST

CO45: Acquire knowledge about appeals and revision in IGST, Introduction to Customs Act, 1962 and types of customs duties

CO46:  Compute Assessable Value and have awareness prohibition of Illegal goods

CO47: Computation of the Custom duty on goods and understand procedure for clearance of Import and Export Goods under Customs Act

CO48: 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 IGST

·        Meaning, Characteristics, Definition

·        Administration

·        Levy and Collection of Tax

·        Power to Grant Exemption from Tax
 

Place of Supply and  Zero Rated Supply

12.00
Unit II: 
Apportionment and Settlement of Tax in IGST

 

·        Refund,

·        Apportionment and Settlement of Tax in IGST
 

Offences, Penalties and Punishments

12.00
Unit III: 
Appeals and Revisions (GST) and Customs Act:

 

·        Appeals and Revisions

·        Advance Ruling

·        Brief Introduction  of Customs Act, 1962: Important Definitions
 

Types of Custom Duties

12.00
Unit IV: 
Assessable Value

 

  • Tax Liability
  • Valuation Rules
  • Computation of Assessable Value
  • Prohibition of Illegal Import and Export

 

 

12.00
Unit V: 
Computation of Custom duty

 

  • Computation of Custom duty
  • Procedure for clearance of Import and Export Goods
Essential Readings: 
  1. Indirect Tax—Yogendra Bangar, Vandana Bangar(Aadhya Prakashan Pvt Ltd Jaipur) .
  2. Indirect Taxes-Ajay Jain (Published byAVJ Institute and Distributed by Pooja Law House Delhi)
  3. Indirect Taxes-Tamboli, Ranga, Sharma, Bangar, Kothari (Ajmera Book Co)
  4. Indirect Taxes-Patel, Choudhary (Choudhary Prakashan)

 

References: 
  1. Indirect Taxes Law and Practice, V.S Datey,( Taxmann Publications, New Delhi)
  2. Indirect Taxes Made Easy, Prof N.S Govindan, (C. Sitaraman& Co Pvt Ltd)
  3. The Law of Central Excise (Vol I&II), V.J Taraporevala and S.N Parikh, (Orient Law    House, New Delhi)
  4. Customs Manual- R.K Jain(Centax Publications P. Ltd)
  5. Guide to Central Excise and Modvat Procedures, Arvind P. Datar (Wadhwa& Co Nagpur)
Academic Year: 
2025-2026 [2]

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/igst-and-customs-law-4

Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/igst-and-customs-law-4
[2] https://accountingtaxation.iisuniv.ac.in/academic-year/2025-2026