SVKM’s Narsee Monjee Institute of Management Studies

Name of School – Kirit P. Mehta School of Law

Program: B.A., LL.B. (Hons.) 8101 & B.B.A., LL.B. (Hons.) 8102 Semester: VIII
Module: Principles of Taxation II Module Code:
Teaching Scheme Evaluation Scheme
Tutorial Term End Examinations
Lecture Practical Internal Continuous
(Hours per (TEE)
(Hours (Hours Credit Assessment (ICA)
week) (Marks- 50 in Question
per week) per week) (Marks - 50)
Paper)
3 0 0 3 Marks Scaled to 50 Marks Scaled to 50
Pre-requisite: Constitution of India, Direct Tax.
Objectives:
1. Understanding the basis & various concepts of evolution of Taxation Law.
2. To analyze and examine the different codified indirect taxation laws and policies operating in the territory of
India.
3. Understand and analyse the contemporary issues affecting tax laws in India.
Course Outcomes:
On completion of this course, the students will be able to:
1. Identify, comprehend and understand the various basic principles of Indirect Taxation in India. (PLO1)
2. Illustrate & demonstrate the need of various taxation statutes in the nation. (PLO2)
3. Critically analyze the new regime of Indirect taxation laws in the Country. (PLO 3)
4. To develop understanding and acquire application-oriented knowledge for Rules, Notifications and Circulars
issued by Regulators from time to time to take care of contemporary and relevant issues (PLO4)
Detailed Syllabus: (Per session plan)
Unit Description Duration

1. Indirect Taxes: An overview 3 Hrs

- Introduction to GST
- Constitutional Aspects of GST
2. GST In India 3 Hrs
- Dual GST Model
- Types of GST
- Transition from multiple taxes to one tax regime
3. Concept of Supply under GST: Part 1 3 Hrs
- Concepts of supply including types of supply

4. Concept of Supply under GST: Part 2 3 Hrs

- Schedule I, Schedule II and Schedule III [CGST Act]

5. Charge of GST (Including reverse charge) 3 Hrs

6. Composition Scheme under GST 3 Hrs

7. GST Exemptions: An Overview 3 Hrs

- Legal services
- Government services
- Health care Services
 SVKM’s Narsee Monjee Institute of Management Studies
Name of School – Kirit P. Mehta School of Law
8. Time of Supply 3 Hrs

9. Value of Supply: Basic provisions 3 Hrs

10. Place of Supply: Basic provisions 3 Hrs

11. Input tax credit: Basic provisions 3 Hrs

- Eligibility, Conditions & Time limit for claiming ITC
- Apportionment of Credit & Blocked Credit
12. Procedures for GST – Registration, Tax Invoice, Credit & Debit note 3 Hrs

13. Procedures for GST- Returns 3 Hrs

14. Procedures for GST- Payment 3 Hrs

15. Basics of Custom Duty 3 Hrs

- Important definitions
- Taxable event
- Types of Duties
Total 45 Hrs
Text Books:
1. Students Referencer On Indirect Taxes By G. Sekar. Commercial Law publishers [Latest edition]
2. Bangar's Comprehensive Guide to Indirect Tax Laws By Yogendra Bangar and Vandana Bangar. [Latest edition]
3. Taxmann’s Indirect Tax law, By V.S. Datey [Latest edition]
Any Other Information:

Latest Updated Statutes, Act, Rules and Regulations and Case Law to be taught after discussion in
Multi-Campus Program Coordination (MPC) Meeting.

Total Marks of Internal Continuous Assessment (ICA) - 50 Marks

Distribution of ICA Marks:

Description of ICA Marks

Test 1 20 Marks
Quiz 10 Marks
Group Discussion 10 Marks
Class Participation 10 Marks
Total Marks : 50 Marks

Signature Signature
(Prepared by Mr. Devendra Vyas) (Approved by Dean)
Updated: October 2023