Revised Bcom Elective Courses Ability Enhancement Courses AEC DIT GST_1 Syllabus Mumbai University

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AC – 15/04/2019
Item No. – 4.42







UNIVERSITY OF MUMBAI

















Revised Syllabus of B.Com. Programme in Semester VI
Elective Courses – Ability Enhancement Courses (AEC)
Direct and Indirect Taxation Paper – II
Good and Services Tax Act


Under the Choice Based Credit, Grading and Semester System
(To be implemented from Academic Year 2019 -2020)

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AC – 15/04/2019
Item No. – 4.42

EXHIBIT No.1
Revised Syllabus of Courses of B.Com. Programme at Semester VI
with effect from the Academic Year 2019 -2020

Elective Courses (EC)
Ability Enhancement Courses (AEC)

Direct and Indirect Taxation Paper - II
Goods and Service s Tax Act

Modules at a Glance
Sr.
No. Modules No. of
Lectures
1 Introduction to Goods and Services Tax 09
2 Levy and Collection of Tax 09
3 Time, Place and Value of Supply 09
4 Input Tax Credit & Payment of Supply 09
5 Registration under GST Laws 09
Total 45

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AC – 15/04/2019
Item No. – 4.42
Sr. No Modules/Units
1 Introduction
 What is GST ?
 Need for GST
 Dual GST Model
 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
Section2 (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 & Commencement of CGST Act/ SGST Act/ UTGST Act /IGST Act
 Goods and Services Tax Council (GST Council)
 Goods & Services Tax Network (GSTN)
2 Levy and Collection of Tax
Charge of GST
Inter -State supply and Intra -State supply
Levy and Collection GST
Illustrative list of Rates for Goods and Services
Comp osition levy (Section 10 of CGST Act)
Negative list of GST
Power to Grant Exemption
Exemptions under GST –Goods and Services
Provisions applicable related to Supply of Services - Renting, Agriculture,
Educational Institutions, Commission Agents, Healthcare Services, Financial and
Banking Services
3 Concept of S upply
Concept of Supply (Section 7 of CGST Act)
Taxable event under GST
Place of Supply
(Section 10 and Section 12 of IGST Act)
Time of Supply
(Section 12 and Section 13 of CGST Act )
Value of Supply (Section 15 of CGST Act)
(Rules for valuation of Supply of G oods )

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AC – 15/04/2019
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4 Input Tax Credit & Payment of Tax
 Eligibility for taking Input Tax Credit
Input Tax Credit in Special Circumstances
Computation of Tax Liability
 Payment of Tax (Section 49 and Section 50 of CGST Act)
5 Registration under GST Law
Persons liable for R egistration
Persons not liable for R egistration
Compulsory Registration
Persons not liable for Registration
Procedure for Registration
Amendment of Registration
Cancellation of Registration
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.