Description

SYLLABUS

Module – I:

(1)     Introduction to GST Levy and Collection of GST:

• Introduction to GST: Genesis of GST in India, Power to tax GST (Constitutional Provisions).
• Extent and Commencement, 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) Nontaxable 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 & Commencement of CGST Act/SGST Act/UTGST Act/IGST Act Goods and Services Tax Council (GST Council).
• Goods & Services Tax Network (GSTN) Composition Scheme (Section 10 of CGST Act).

(2)     Concept of Supply:

• Concept of Supply (Section 7,8 & 9 of CGST Act) Taxable & Non Event Supply (Section 11 of CGST Act) Place of Supply (Section 10 of IGST Act).
• Time of Supply: Time of Supply (Section 12 & 13 of CGST Act) Value of Supply (Section 15 of CGST Act).

 

Module – II:

(3)     Input Tax Credit and Computation of GST (Section 16-19 of CGST Act):

• Eligibility and conditions for taking Input Tax Credit Apportionment of Credit & Blocked Credit, Credit in special circumstances.
• Computation of GST under Inter State supplies and Intra State Supplies.

(4)     Registration (Section 22-30 of CGST Act):

• Registration: Persons liable for Registration, Persons not liable for Registration.
• Procedure for Registration, Deemed Registration, Amendment, Cancellation and Revocation of Registration.