Published on Business Studies (https://business.iisuniv.ac.in)

Home > Goods And Services Tax

Goods And Services Tax [1]

Paper Code: 
25DBSG 513A
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

This course will enable the students develop an understanding of the provisions of Goods and Services Tax.

 

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course Title

25DBSG513A

Goods and Services Tax (Theory)

CO181: Attain an understanding about the broad framework of Indirect Taxes in India and the process of registration, its amendment and cancellation under CGST         

CO182: Classify types of supply, including activities mentioned in Schedule III and infer provisions regarding composition levy and various Exemptions under GST                

CO183: Analyse Time, Value, and place of supply along with input tax credit                         

CO184: Explain the process of reverse charge Mechanism, appraise rates of GST and Computation of GST Liability along with Interest on delayed or excessive claim of ITC

CO185: Interpret the provisions related to maintenance of records, Generation of E waybills and Administration and Audit under GST

CO186: 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: 
CGST Act and Registration under GST:

 
  • CGST- Basic Knowledge, Important Definitions
  • Legal Framework of CGST
  • Procedure for registration under CGST
  • Amendment of Registration
  • Cancellation or suspension of Registration

(12 Hours)

 

    

 

 

 

 

12.00
Unit II: 
Supply under GST:

 

  • Supply- Meaning, Nature, Concept, Scope and Types of Supply
  • Activities mentioned in Schedule-III
  • Composition levy, Levy and Collection of Tax
  • Exemptions from GST
  

 

  • Supply- Meaning, Nature, Concept, Scope and Types of Supply
  • Activities mentioned in Schedule-III
  • Composition levy, Levy and Collection of Tax
  • Exemptions from GST

(12 Hours)

 

    

 

12.00
Unit III: 
Time, Value & Place of Supply:

 

  • Time of Supply
  • Value of Supply
  • Place of Supply
  • Input Tax Credit

Time, Value & Place of Supply:

  • Time of Supply
  • Value of Supply
  • Place of Supply
  • Input Tax Credit

 

12.00
Unit IV: 
Reverse Charge Mechanism and Payment of Tax:
   

(12 Hours)

 

 

  • Reverse Charge Mechanism
  • Applicable rates of GST
  • Payment of Tax
  • Computation of GST liability
  • Interest on Delayed or undue or excess claim of ITC
  • Deemed passing of incidence
  • TDS, TCS

(12 Hours)

 

    

 

 

 

 

12.00
Unit V: 
Records, E-ways bills, Administration and Audit:
     
 
 

(12 Hours)

 

 

  • Maintenance of Records- General and Special records
  • Preservation period 
  • E-ways Bills and rules
  • Administration and Audit
  • Audit by Tax Authorities and special audit

(12 Hours)

 

 

 

 

 

 

    

 

 

Essential Readings: 
   

(12 Hours)

 

Essential Readings:

  • Chaudhary, V., Dalmia, A., & Girdharwal, S. GST- A practical Approach. Taxmann's Publications.
  • Patel, & Choudhary. Goods and Service Tax. Choudhary Prakashan.
  • Shah, & Mangal. Goods and Services Tax. Ramesh Book Depot

 

Suggested Readings:

  • Mohan, R. Illustrated GuiDEto Goods and Services Tax. Bharat Publications
  • Bangar, V. & Bangar, Y. Beginner’s GuiDEto GST. Aadhya Publications
  • Nitya Tax Associates, Basics of GST. Taxmann’s Publications

 

 

 

 

 

References: 

 

e-Resources:

 

Reference Journals:

  • Tax World
  • The Chartered Accountant
  • The Economist
  • Business World

 

 

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

 

 

 

 

Academic Year: 
2025-2026 [6]

Follow Business Studies 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://business.iisuniv.ac.in/courses/subjects/goods-and-services-tax-4

Links:
[1] https://business.iisuniv.ac.in/courses/subjects/goods-and-services-tax-4
[2] https://business.iisuniv.ac.in/about%3Ablank
[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://business.iisuniv.ac.in/academic-year/2025-2026