Goods And Services Tax

                                                                 Syllabus

Paper I: Goods and Services Tax (GST) 

Unit-1

Concept and Types of Indirect Tax: Right to Impose Indirect Tax by Centre (Union)/State and Union Territory Governments Before and After 101^st Amendment of the Constitution of India; Introduction of GST in India; Definition - Supply, Aggregate Turnover, Person, Business , Appropriate Government, Mixed Supply, Composite Supply, GSTN, GSTIN, E-Commerce, Input Tax Credit, etc. GST Models: Single GST & Dual GST; Types of GST: CGST, SGST/UTGST, IGST; Levy and Collection of GST.

Unit-2

Registration under GST: Persons Liable to Get Registered, Compulsory Registration, Registration Procedure, Reverse Charge Mechanism, Composition Scheme and Assessment Under Composition Scheme; Zero Rated Supply; Exemption From GST, GST Tax Rate.

Unit-3

Input Tax Credit (ITC): Eligibility and Conditions for Taking Input Tax Credit, Apportionment of ITC and Blocked Credit ; Various Documents Under GST- Tax Invoice, Bill for Supply, Debit Note, Credit Note, Payment Voucher, Receipt Voucher, E-Way bill, HSN Code and SAC Code.

Unit-4

Assessment and Administration of GST: Types of GST Returns, Types of Assessment & Assessment Procedures, Role and Functions of GST Council, Tax Authorities and Their Powers; Tax Deduction at Source & Tax Collection at Source, Refund of Tax.