Taxation-III (Indirect Tax-I) TYBAF Sem 5 Sheth Publication

• Publisher : Sheth Publication
• Author: Vijay Singhvi & others
• Edition: 2025-26
• Availability: In Stock
• Normally Deliver within 3-4 days

• Description :

  This Book is base on latest updated syllabus and paper pattern prescribed by Mumbai University for BAF (Bachelor of Accounting & Finance) 3rd Year semester 5 published by Sheth publication.The knowledge gained through the study of this subject will be useful to the students of all through their in Accounting & Finance professional lives.

  Syllabus

  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
  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
  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)

  2. Levy and Collection of Tax
  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

  3. Concept of Supply
  Concept of Supply (Section 7 of CGST Act)
  Taxable Event under GST
  Place of Supply
  Time of Supply
  Value of Supply
  (Rules for Valuation of Supply of Goods and Services)

  4. Documentation
  Tax Invoices, Credit and Debit Notes

  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

  5. Registration Under GST Law
  Registration – Persons liable for Registration, Persons not liable for Registration, Procedure For Registration, Deemed Registration, Amendment, Cancellation and Revocation of Cancellation of Registration

  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.