B.Com. (Hons.): Semester III – Paper code- 341: INDIRECT TAXES Duration: 3 hrs. Marks 100 (External 80 : Internal 20) Lectures: 65 Objective: To provide basic knowledge and equip students with applications of principles and provisions of Service Tax, VAT, Central Excise and Customs Law. Contents: Unit I: Service Tax 20 Lectures Service Tax concepts and general principles, charge of service tax and taxable services, Valuation of – taxable services, Payment of service tax and filing of returns, Penalties, CENVAT Credit. Unit II: VAT 15 Lectures VAT - concepts and general principles,, calculation of VAT Liabilities including input tax Credits, Small Dealers and Composition scheme, VAT Procedures. Unit III: Central Excise 15 Lectures Central Excise Law in Goods, Excisable goods, Manufacture and Manufacturer, Valuation, – CENVAT, Basic Procedures, Export, SSI, Job Work. Unit IV: Customs Law 15 Lectures Basic concepts of custom law, Territorial waters, high seas, Types of custom duties Basic, – Countervailing & Anti- Dumping Duty, Safeguard duty, Valuation, Customs Procedures, Import and Export Procedures, Baggage, Exemption. Suggested Readings: Singhania Vinod K. and Monica Singhania, Taxxmann Students’ Guide to Indirect Taxes, Publication Pvt. Ltd., Delhi V. S Taxxmann Publication Pvt. Ltd., Delhi Indirect Tax Law and Practice, Sanjeev Kumar. Systematic approach to Indirect taxes, Latest Edition. S. S Gupta, Taxxmann Publication Pvt. Ltd., Delhi Servive Tax- How to meet your obligation, Girish Ahuja & Dr. Ravi Gupta, Flair Publication Pvt Ltd. Indirect Taxes, Dr. V. Balachandran, Indirect Taxation, Sultan & Sons. Note: Latest edition of text books may be used. B.Com (Hons.) CBCS
B.Com. (Hons.): Semester – III Paper code- 341: INDIRECT TAXES Duration: 3 hrs. Marks 100 (External 80 : Internal 20) Lectures: 65 Objective: To provide basic knowledge and equip students with applications of principles and provisions of Service Tax, VAT, Central Excise and Customs Law. Contents: Unit I: Service Tax 20 Lectures Service Tax – concepts and general principles, charge of service tax and taxable services, Valuation of taxable services, Payment of service tax and filing of returns, Penalties, CENVAT Credit. Unit II: VAT 15 Lectures VAT - concepts and general principles,, calculation of VAT Liabilities including input tax Credits, Small Dealers and Composition scheme, VAT Procedures. Unit III: Central Excise 15 Lectures Central Excise Law in – Goods, Excisable goods, Manufacture and Manufacturer, Valuation, CENVAT, Basic Procedures, Export, SSI, Job Work. Unit IV: Customs Law 15 Lectures Basic concepts of custom law, Territorial waters, high seas, Types of custom duties – Basic, Countervailing & Anti- Dumping Duty, Safeguard duty, Valuation, Customs Procedures, Import and Export Procedures, Baggage, Exemption. Suggested Readings: Singhania Vinod K. and Monica Singhania, Students’ Guide to Indirect Taxes, Taxxmann Publication Pvt. Ltd., Delhi V. S Indirect Tax Law and Practice, Taxxmann Publication Pvt. Ltd., Delhi Sanjeev Kumar. Systematic approach to Indirect taxes, Latest Edition. S. S Gupta, Servive Tax- How to meet your obligation, Taxxmann Publication Pvt. Ltd., Delhi Girish Ahuja & Dr. Ravi Gupta, Indirect Taxes, Flair Publication Pvt Ltd. Dr. V. Balachandran, Indirect Taxation, Sultan & Sons. Note: Latest edition of text books may be used. B.Com (Hons.) CBCS
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