DEPARTMENT - SCHOOL OF BUSINESS STUDIES AND SOCIAL SCIENCES

Course Pack
FOR
INDIRECT TAXES-BBHT642 A

BBHT642 A - INDIRECT TAXES

Total Teaching Hours For Semester : 60 Total Teaching Hours For Semester : 4

Max Marks : 100 Credits : 4

Course Objectives/Course Description:

The objective of this particular course - Indirect Taxes, is to enable the students to have basic knowledge and
understanding about the various aspects of Collection and Administration of indirect taxes in India with reference
to relevant Acts and Rules governing the same.
Learning Outcome
• To impart students with knowledge on tax, types of tax and their modalities. • To understand the Legal frame work of indirect taxes • To understand Customs

duty and its various aspects • To understand the underlying principles of GST and its applicability. • To orient the students on the procedures and formalities to be

adhered, with regard to tax matters.

Unit-1 Teaching Hours:3

Introduction and Legal frame work

Meaning of indirect taxes, Types of indirect taxes, Differences between direct and Indirect Taxes. Administration of
Indirect taxes CBE&C, Basic overview of indirect taxes and GST. Basic overview of GST council.
Unit-2 Teaching Hours:17

Custom Duty
Customs Act 1962 and Customs Tariff Act 1975 - Basic concepts in Customs law, territorial waters and customs
waters, meaning of Goods - Taxable event for import and export - Types of customs duty - Basic duty, CVD,
safeguard duty, Protective duty, Anti-dumping duty and NCCD – Import and Export procedure - Customs Valuation
–Rules for valuation - Rate of foreign exchange, inclusions and exclusions in customs valuation - Valuation of export
goods - Baggage Rules, Practical problems. Import and export through courier and post - Remission duty on lost
/pilfered goods.
Unit-3 Teaching Hours:10

Goods and Services Tax ? Framework and Definitions

Introduction to Goods and Services Tax, Constitutional Framework, Orientation to CGST, SGST and IGST,
Definitions – Supply, Inward Supply, Outward Supply, Continuous Supply, Time of Supply, Place of Supply, Goods,
Services, Person, Taxable Person, Related Person, Business, Place of Business, Business Verticals,
Consideration, Capital Goods, Input and Input Service, Input Tax, Output Tax, Aggregate Turnover, Deemed
Exports, Recipient, Reverse Charge, Works Contract,
Unit-4 Teaching Hours:15

Valuation for GST and Computation of GST Liability

Taxable and Exempted Goods; Valuation of Taxable Supply of Goods, Computation of GST Liability on
Supply of Goods, Set-off of Input Tax Credit; Taxable and Exempted Services; Valuation of Taxable Value
of Services; Computation of GST Liability on Supply of Services, Set-off of Input Tax Credit; Reverse
Charge Mechanism.PROBLEMS ON DERTERMINATION OF TAXABLE VALUE OF SUPPLY.PROBLEMS
ON DERTERMINING INPUT TAX CREDIT
Unit-5 Teaching Hours:10

GST Procedures
Customs Act 1962 and Customs Tariff Act 1975 - Basic concepts in Customs law, territorial waters and customs
waters, meaning of Goods - Taxable event for import and export - Types of customs duty - Basic duty, CVD,
safeguard duty, Protective duty, Anty-dumping duty and NCCD – Import and Export procedure - Customs Valuation
–Rules for valuation - Rate of foreign exchange, inclusions and exclusions in customs valuation - Valuation of export
goods - Baggage Rules, Practical problems. Import and export through courier and post - Remission duty on lost
/pilfered goods.
Unit-6 Teaching Hours:5

GST and Technology

GST Network: Structure, Vision and Mission, Powers and Functions. Goods and Service Tax Suvidha Providers
(GSP): Concept, Framework and Guidelines and architecture to integrate with GST system. GSP Eco
system.(Theory only).
Text Books And Reference Books:
Hiregange, Jain and Naik, “Students’ Handbook on Goods and Services Tax”, Puliani and Pliani.
Essential Reading / Recommended Reading:
1. Datey, V S, “Indirect Taxes”, Taxmann Publications. 2. Hiregange et al, “Indirect Taxes:,Puliani and Puliani. 3. Haldia, Arpit, “GST Made Easy”, Taxmann

Publications. 4. Chaudhary, Dalmia, Girdharwal, “GST – A Practical Approach”, Taxmann Publications.Garg, Kamal, “Understanding GST”, Bharat
Publications.
Evaluation Pattern
End Semester Exam (ESE) 30%
Mid Semester Exam (CIA-II) 25%
Continuous Internal Assessments (CIA- I & III) 40%
Attendance 05%
Total 100%

Course Plan
Class Name : 6BBAH A Subject Name : INDIRECT TAXES

Subject Code : BBHT642 A Teacher Name : THOMAS.JOSEPH

No of
Planned Date Unit Heading Details Method Reading/Ref
Hours
Meaning of indirect
02/11/2017 Introduction and taxes, Types of indirect Lecture, PPT and Hiregange, Jain and Naik, ?Students? Handbook
04/11/2017 3.00 Unit-1
Legal frame work taxes, Differences Discussion on Goods and Services Tax?, Puliani and Pliani.
between
Meaning of indirect
06/11/2017 Introduction and taxes, Types of indirect Lecture, PPT and Hiregange, Jain and Naik, ?Students? Handbook
11/11/2017 4.00 Unit-1
Legal frame work taxes, Differences Discussion on Goods and Services Tax?, Puliani and Pliani.
between
direct and Indirect
Taxes. Administration of
13/11/2017 Introduction and Lecture, PPT and Hiregange, Jain and Naik, ?Students? Handbook
18/11/2017 4.00 Unit-1 Indirect taxes CBE and
Legal frame work Discussion on Goods and Services Tax?, Puliani and Pliani.
C, Basic overview of
indirect taxes and GST
Customs Act 1962 and
Customs Tariff Act 1975
20/11/2017 - Basic concepts in Lecture, PPT and
25/11/2017 2.00 Unit-2 Custom Duty
Customs law, territorial Discussion
waters and customs
waters
meaning of Goods -
Taxable event for import
and export - Types of
Lecture, PPT
27/11/2017 customs duty - Basic
02/12/2017 4.00 Unit-2 Custom Duty Problems and
duty, CVD, safeguard
Discussion
duty, Protective duty,
Anti-dumping duty and
NCCD ? Import
 and Export procedure -
Customs Valuation
?Rules for valuation -
Rate of foreign
exchange, inclusions
Lecture, PPT
04/12/2017 and exclusions in
09/12/2017 4.00 Unit-2 Custom Duty Problems and
customs valuation -
Discussion
Valuation of export
goods - Baggage Rules,
Practical problems.
Import and export
through courier
and Export procedure -
Customs Valuation
?Rules for valuation -
Rate of foreign
exchange, inclusions
Lecture, PPT
11/12/2017 and exclusions in
16/12/2017 3.00 Unit-2 Custom Duty Problems and
customs valuation -
Discussion
Valuation of export
goods - Baggage Rules,
Practical problems.
Import and export
through courier
and Export procedure -
Customs Valuation
?Rules for valuation -
Rate of foreign
exchange, inclusions
Lecture, PPT
18/12/2017 and exclusions in
23/12/2017 3.00 Unit-2 Custom Duty Problems and
customs valuation -
Discussion
Valuation of export
goods - Baggage Rules,
Practical problems.
Import and export
through courier
Introduction to Goods
Goods and
and Services Tax, Lecture, PPT
01/01/2018 Services Tax ?
06/01/2018 4.00 Unit-3 Constitutional Problems and
Framework and
Framework, Orientation Discussion
Definitions
to CGST
Introduction to Goods
and Services Tax,
Constitutional
Framework, Orientation
to CGST Time of
Supply, Place of Supply,
Goods, Services,
Person, Taxable Person,
Goods and
Related Person, Lecture, PPT
08/01/2018 Services Tax ?
13/01/2018 4.00 Unit-3 Business, Place of Problems and
Framework and
Business, Business Discussion
Definitions
Verticals, Consideration,
Capital Goods, Input and
Input Service, Input Tax,
Output Tax, Aggregate
Turnover, Deemed
Exports, Recipient,
Reverse Charge, Works
Contract
SGST and IGST,
Definitions ? Supply,
15/01/2018 3.00 Inward Supply, Outward
20/01/2018
Supply, Continuous
Supply
Taxable and Exempted
Goods; Valuation of
Valuation for GST
22/01/2018 Taxable Supply of
27/01/2018 3.00 Unit-4 and Computation of
Goods, Computation of
GST Liability
GST Liability on Supply
of Goods
Set-off of Input Tax
Credit; Taxable and
Exempted Services;
Valuation for GST
29/01/2018 Valuation of Taxable
03/02/2018 4.00 Unit-4 and Computation of
Value of Services;
GST Liability
Computation of GST
Liability on Supply of
Services, Set-off of Input
Tax Credit; Reverse
Charge Mechanism.
PROBLEMS ON
Valuation for GST
05/02/2018 DERTERMINATION OF
10/02/2018 4.00 Unit-4 and Computation of
TAXABLE VALUE OF
GST Liability
SUPPLY. PROBLEMS
ON DERTERMINING
CENVAT CREDIT
 Tax Credit; Reverse
Charge Mechanism.
PROBLEMS ON
Valuation for GST
12/02/2018 DERTERMINATION OF
17/02/2018 3.00 Unit-4 and Computation of
TAXABLE VALUE OF
GST Liability
SUPPLY. PROBLEMS
ON DERTERMINING
CENVAT CREDIT
Registration under GST,
Tax Invoice, Levy and
Collection of GST,
Composition Scheme,
Due dates for Payment
19/02/2018 of GST, GST Returns ?
24/02/2018 3.00 Unit-5 GST Procedures
Types of Returns,
Monthly Returns, Annual
Return and Final Return
? Due dates for filing of
returns. Final
Assessment.
Registration under GST,
Tax Invoice, Levy and
Collection of GST,
Composition Scheme,
Due dates for Payment
26/02/2018 of GST, GST Returns ?
03/03/2018 3.00 Unit-5 GST Procedures
Types of Returns,
Monthly Returns, Annual
Return and Final Return
? Due dates for filing of
returns. Final
Assessment.
GST Network: Structure,
Vision and Mission,
Powers and Functions.
Goods and Service Tax
Suvidha Providers
05/03/2018 GST and
10/03/2018 2.00 Unit-6 (GSP): Concept,
Technology
Framework and
Guidelines and
architecture to integrate
with GST system. GSP
Eco system.(Theory only
GST Network: Structure,
Vision and Mission,
Powers and Functions.
Goods and Service Tax
Suvidha Providers
12/03/2018 GST and
17/03/2018 3.00 Unit-6 (GSP): Concept,
Technology
Framework and
Guidelines and
architecture to integrate
with GST system. GSP
Eco system.(Theory only

CIA 1
Component/Task 1
CIA Details
Moodle quiz on GST concepts
CIA Details will display form 17/11/2017
Learning Objective
Assignment Learning Objectives:• To impart students with knowledge on tax, types of tax and their
modalities. Assessment Strategies aligned to LO:• To understand the Legal frame work of indirect
taxes Technology Tools used along with their Purpose: LMS
Assignment Learning Objectives:• To impart students with knowledge on tax, types of tax and their
modalities. Assessment Strategies aligned to LO:• To understand the Legal frame work of indirect
taxes Technology Tools used along with their Purpose: LMS
Evaluation Rubrics
Level of Achievement General Approach Comprehension
Exemplary Addresses the question. States a relevant, Demonstrates an accurate and complete
3 points justifiable answer. understanding of the question. Backs
Presents arguments in a logical order. Uses conclusions with data and justifications.
acceptable style and grammar (no errors). Uses 2 or more ideas, examples and/or
arguments that support the answer.
Adequate Doesn’t address the questions explicitly,
2 points although does so tangentially. States a relevant
and justifiable answer. Presents arguments in a
logical order. Uses acceptable style and
grammar (1-2 errors).
Needs Improvement Doesn’t really address the question.
1 point States few relevant answers.
Reveals some misconceptions. Is not clearly or
logically organized.
Errors in grammar and style.
Demonstrates an accurate but only
adequate understanding of the question.
Doesn’t back conclusions with data.
Uses only one idea to support the
answer. Less thorough than above.
Doesn’t demonstrate accurate
understanding of question but makes an
effort. No evidence to support response
to question.

Component/Task 2
CIA Details
Class Test on various Customs Duty calculations
CIA Details will display form 17/11/2017
Learning Objective
Assignment Learning Objectives:• To impart students with knowledge on custom duties and their
modalities. Assessment Strategies aligned to LO:• To understand the methodology of computing
Customs duty

Technology Tools used along with their Purpose: NIL

Assignment Learning Objectives:• To impart students with knowledge on custom duties and their
modalities. Assessment Strategies aligned to LO:• To understand the methodology of computing
Customs duty

Technology Tools used along with their Purpose: NIL

Evaluation Rubrics
Computation 3 Marks
Steps 3 Marks
Interpretation 4 Marks

CIA 3
Component/Task 1
CIA Details
Class Test on GST computation
CIA Details will display form 17/11/2017
Learning Objective
Assignment Learning Objectives:• To impart students with knowledge on GST computation

Assessment Strategies aligned to LO:• To understand the Legal frame work of indirect taxes
Technology Tools used along with their Purpose: NIL
Assignment Learning Objectives:• To impart students with knowledge on GST computation

Assessment Strategies aligned to LO:• To understand the Legal frame work of indirect taxes
Technology Tools used along with their Purpose: NIL
Evaluation Rubrics
Computation 3 Marks
Steps 3 Marks
Interpretation 4 Marks

Component/Task 2
CIA Details
Presentation on Impact of GST on various sectors
CIA Details will display form 17/11/2017
Learning Objective
Assignment Learning Objectives:• To impart students with knowledge on GST and its impact

Assessment Strategies aligned to LO:• To understand the Legal frame work of GST Technology
Tools used along with their Purpose: PPT
Assignment Learning Objectives:• To impart students with knowledge on GST and its impact

Assessment Strategies aligned to LO:• To understand the Legal frame work of GST Technology
Tools used along with their Purpose: PPT
Evaluation Rubrics
CATEGORY 3 2 1 Points
Effectiveness Project includes Project is missing Project is
most material more than two key lacking
needed to gain a elements. several key
comfortable elements and
understanding of has
the material but is inaccuracies.
lacking one or two
key elements.
Sequencing of Most information is Some information is There is no
Information organized in a logically sequenced.clear plan for
clear, logical way. An occasional slide the
One slide or item of or item of organization
information seems information seems of
out of place. out of place. information.
Originality Presentation shows Presentation shows Presentation
some originality an attempt at is a rehash of
and inventiveness. originality and other people's
The content and inventiveness on 1-2ideas and/or
ideas are slides. graphics and
presented in an shows very
interesting way. little attempt
at original
thought.
Organization PowerPoint PowerPoint contains PowerPoint
contains a fewer than 10 slides, contains
minimum of 10 or some slides fewer than 10
slides. All parts of designed do not slides and is
the task are support the missing
completed partially theme/content of the several parts
and support the presentation. of the task.
theme/content of Slides
the presentation. designed do
not support
the
theme/conten
t of the
presentation.
Sources All sources All sources Some
(information and (information and sources are
graphics) are graphics) are not accurately
accurately accurately documented.
documented, but documented, but
one is not in the two or more are not
desired format. in the desired
format.