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Saturday, February 16, 2019

Gauhati University Question Papers:INDIRECT TAXATION (May-June’ 2015)

Gauhati University QuestGauhati University, Gauhati University B.Com 4th Sem Question Papers, Gauhati University Question Papers, ion Papers
Full Marks: 80
Time Allowed: 3 hours
Answer either in English or Assamese
The figures in the margin indicate full marks for the questions
1. Answer the following as directed:                                       1x10=10

a)      Define the term ‘Goods’ under the Central Sales Tax Act.
b)      As per which of the following sections, a ‘dealer’ has been defined under the Central Sales Tax Act?
1)      Section 2 (a).
2)      Section 2 (c).
3)      Section 2 (d).
4)      Section 2 (b).
c)       The application for compulsory registration should be submitted by a dealer within _____ days of making an inter-state sale. (Fill in the blank)
d)      Central Excise duty is levied and collected by the Central Government. (State whether the statement is ‘true’ or ‘False’.
e)      Write the meaning of ‘manufacturer’ as per Central Excise Act, 1944.
f)       State the meaning of ‘wholesaler dealer’ under the Central Excise Act, 1944.
g)      What is ‘Coastal Goods’ under the Customs Act, 1962?
h)      According to section 2(53) of the Assam VAT Act, 2003, “taxable goods” means goods other than _____ goods. (Fill in the blank)
i)        State the meaning of ‘importer’ as per Assam VAT Act.
j)        What is ‘TIN’ for the purpose computation?
2. Explain the following in brief:                                                                 2x5=10
a)      Two features of the Central Sales Tax Act.
b)      Meaning of ‘Excisable goods’ as per the Central Excise Act.
c)       ‘Imported goods’ as per the Custom Act, 1962.
d)      ‘Dutiable goods’ under the Customs Act, 1962.
e)      Meaning of ‘Casual dealer’ as per the Assam VAT Act.
3. Describe briefly any four of the following:                                       5x4=20
a)      Different types of registration under the Central Sales Tax Act.
b)      Features of Inter-state sales under the Central Sales Tax Act.
c)       Scope of Central Excise Act.
d)      ‘Bill Entry’ as per the customs Act, 1962.
e)      Persons exempted from registration under Central Excise Act.
f)       Features of Value Added Tax.
4. Explain the transactions not regarded as sale under the Central Sales Tax Act. What are the circumstances that lead to the levy of Central Sales Tax?                                     6+4=10
Explain the procedure of payment of Central Sales Tax by a dealer under Central Sales Tax Act.                              10
5. Explain the different types of excise duties under the Central Excise Act. State the powers of concerned authorities regarding granting exemption from excise duty.                                                               6+4=10
Explain the procedure of registration under the Central Excise Act.                      10
6. What is meant by ‘Shipping Bill’ as per Customs Act? Describe the procedure of clearance of imported goods for home consumption under this Act.                                                       2+8=10
Describe different types of customs duties under the Customs Act.                                     10
7. Who are the persons liable to pay tax under the Assam VAT Act? Explain the advantages of Value Added Tax.                 4+6=10
State the meaning of ‘Sale’ under Assam VAT Act. What are the rates of Value Added Tax applicable to various commodities under this Act?                                                      2+8=10


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