Author: Arvind A. Dhond

Author: Arvind A. Dhond

SIXTH REVISED EDITION 2024

(1)     Introduction to Indirect Taxation and GST:  

Basics for Taxation: Direct Taxes and Indirect Taxes – Features of Indirect taxes, Difference, Advantages and Disadvantages, Sources and Authority of Taxes in India (Art 246 of the Indian Constitution)

Introduction to GST: Genesis of GST in India, Power to tax GST (Constitutional Provisions), Meaning and Definition of GST, Benefits of GST, Conceptual Framework – CGST, IGST, SGST, UTGST, Imports of goods or services or both, Export of goods or services or both, Taxes subsumed and not subsumed under GST.

Extent and Commencement of CGST Act/SGST Act/UTGST Act/IGST Act

Goods and Services Tax Council (GST Council) 

Goods and Services Tax Network (GSTN)

(Refer Chapter 1)

Definitions: Section 2(13) Audit; Section 2(17) Business; Section 2(31) Consideration;

Section 2(45) Electronic Commerce Operator; Section 2(52) Goods; Section 2(56) India;

Section 2 (78) Non Taxable Supply; Section 2(84) Person; Section 2(90) Principal Supply;

Section 2(93) Recipient; Section 2(98) Reverse charge; Section 2(102) Services;

Section 2(105) Supplier; Section 2(107) Taxable Person; Section 2(108) Taxable Supply.

(Refer Chapter 2)

(2)     Levy and Collection of GST:

Charge of GST, Levy and Collection GST, Composite and Mixed Supplies under GST, Power to Grant Exemption, Negative list of GST, GST Rate Schedule for Goods and Services.

(Refer Chapter 4)

(3)     Concept of Supply:

Concept of Supply (Section 7 of CGST Act)

Taxable Event under GST                                                                                                       (Refer Chapter 3)

Place of Supply                                                                                                                         (Refer Chapter 5)

Time of Supply                                                                                                                          (Refer Chapter 6)

Value of Supply (Rules for Valuation of Supply of Goods and Services)                      (Refer Chapter 7)

(4)     Documentation:

Tax Invoices, Credit and Debit notes.

(Refer Chapter 10)

(5)     Input Tax Credit  and Computation of GST:              

Eligibility and conditions for taking Input Tax Credit

Apportionment of credit and Blocked credits

Credit in special circumstances

Computation of GST under Inter State supplies and Intra State Supplies.

(Refer Chapter 8)

(6)     Registration under GST Law:   

Registration: Persons liable for Registration, Persons not liable for Registration, Procedure for Registration, Deemed Registration, Amendment, Cancellation and Revocation of Registration.

(Refer Chapter 9)

Note: Relevant Law/Statute/Rules in force and relevant Standards in force on 1st April immediately preceding commencement of Academic Year is applicable for ensuing examination.

Author: Chandra Hariharan Iyer

               Manoj V. Bhatia

SIXTH REVISED EDITION 2024

Author: Farhat Fatma Shaikh

               Heena Murad Khanche

SECOND REVISED EDITION 2023

Author: N. G. Kale

               M. Ahmed

FIFTH REVISED EDITION

Author: H. V. Kishnadwala

               H. A. Wandrekar

Author: Nishikant Jha

               Abida Khan

THIRD EDITION 2024