GST Law and Practice Syllabus, B.Com 6th Sem Hons, Dibrugarh University CBCS Pattern

GST Law and Practice Syllabus
B.Com 6th Sem Hons
Dibrugarh University CBCS Pattern
B.Com. (Hons) CBCS Semester: VI
Course No. C 614 GST Law and Practice

Course Objectives:

This course is intended to introduce the students with the structure of Indirect tax in India. The principles of indirect tax and direct taxes are also been included for conceptualization of tax structure. The students are also expected to learn the concept of GST and its history. They will also learn about the record keeping aspects under GST regime and filling of GST return periodically as per the prescribed procedure.

Unit - I Concept and features of indirect taxes; History of indirect taxes in India Principal indirect taxes in India. Direct and Indirect Taxes.                  Marks 20: 15L+1T

Unit - II Goods and Services Tax (GST) Laws in India.

Concept of GST; Need for GST in India; Framework of GST as introduced in India; Benefit of GST.  Marks 20: 15L+1T

Unit - III Constitutional aspects of GST; Authorities under GST Laws.

Levy and collection of CGST and IGST; a) Application of CGST/IGST law, b) Concept of supply including composite and mixed supplies, c) Charge of tax, d) Exemption from tax, e) Composition levy.             Marks 20: 15L+1T

Unit - IV Basic concepts of time and value of supply, Input tax credit; Computation of GST liability.

Registration; Tax invoice; Credit and Debit Notes; Electronic way bill ; Returns; Payment of tax including reverse charge.  Marks 20: 15L+1T

Suggested Readings:

1)    Anurag Singhal; Handbook on Central Goods and Services Tax Law; Law Publications. www. amazon.in

2)    CA Chitresh Gupta, CA Shilpi Gupta; Goods & Service Tax An Insight into. 2015 www. amazon.in

3)    Vivek Laddha & Pooja Patwari; GST - Paper 4 : Taxation (Section B : Indirect Taxes)(CA-Intermediate), New Delhi. www. amazon.in.

4)    ICAI study material on GST; available at https://resource.cdn.icai.org/46249bos36354p4secBmodlinit.pdf.


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