Course Objective:
To provide conceptual knowledge of Goods and Service Tax and to enable the students to apply this knowledge in practical application of GST Laws.
UNIT-I
Indirect Taxes: Background, Concept, Features; Major shortcomings of Pre-GST Era, Administration of Indirect Taxation in India; Goods and Services Tax: Basics concept and overview. Need and Benefits, Constitutional Framework of GST.
UNIT-II
GST Model – CGST / IGST / SGST / UTGST; Concept of Taxable Event; Concept of supply, Composite Supply and Mixed Supply; Provisions regarding Levy and Collection of CGST and IGST. Concept of Composition scheme & Reverse Charge.
UNIT-III
Power of Granting Exemptions .Basic Exemptions under Goods and Services Tax, Concept of Time, Value & Place of Taxable Supply of Goods/Services, Input Tax Credit & Computation of GST Liability.
UNIT-IV
Procedural Compliance under GST: Registration; Tax Invoice, Debit & Credit Note, Account and Record, Electronic way Bill; Provisions regarding filing of Return, Payment of Tax, Provisions related to Refund.
Course Features
- Lectures 15
- Quizzes 0
- Duration Lifetime access
- Skill level All levels
- Students 10
- Assessments Yes
Curriculum
- 4 Sections
- 15 Lessons
- Lifetime
- UNIT - 14
- 2.1LESSON – 1 Indirect Taxes: Background, Concept, Features; Major shortcomings of Pre-GST Era30 Minutes
- 2.2LESSON – 2 Administration of Indirect Taxation in India30 Minutes
- 2.3LESSON – 3 Goods and Services Tax: Basics concept and overview30 Minutes
- 2.4LESSON – 4 Need and Benefits, Constitutional Framework of GST.20 Minutes
- UNIT - 24
- 3.1LESSON – 5 GST Model – CGST / IGST / SGST / UTGST; Concept of Taxable Event10 Minutes
- 3.2LESSON – 6 Concept of Taxable Event; Concept of supply, Composite Supply and Mixed Supply10 Minutes
- 3.3LESSON – 7 Provisions regarding Levy and Collection of CGST and IGST30 Minutes
- 3.4LESSON – 8 Concept of Composition scheme & Reverse Charge.30 Minutes
- UNIT - 33
- UNIT - 44
- 5.1LESSON – 12 Procedural Compliance under GST: Registration60 Minutes
- 5.2LESSON – 13 Tax Invoice, Debit & Credit Note, Account and Record60 Minutes
- 5.3LESSON – 14 Electronic way Bill30 Minutes
- 5.4LESSON – 15 Provisions regarding filing of Return, Payment of Tax, Provisions related to Refund.60 Minutes
