B.Com. (Honours with Research) with Specialization in Business Management Tax Management Indirect Tax II Syllabus - Mumbai University
This is the TY BCom BM syllabus under NEP 2020, in force from the academic year 2026-27. The University clubbed this degree with B.Com., B.Com. (Accountancy) and B.Com. (Business Economics) on 25 May 2026 and now awards it as B.Com. (Commerce and Management), with Business Management as the Major: the papers below are the ones its own Board of Studies sets, so your exam form may name the degree differently from your admission letter.
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Syllabus for Tax Management - Indirect Tax - II
Module I: Introduction to GST with Basic Terms
- Overview of GST Law, Features, Need, Dual GST Model
- Definitions - Section 2(17) Business, Section 2(13) Consideration, Section 2(45) Electronic Commerce Operator, Section 2(52) Goods, 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
- Goods & Services Tax Network (GSTN), Constitution (101 st Amendment), GST Council
Module II: Levy and Collection of Tax
- Scope of Supply – Taxable and Non-taxable Supplies, Composite and Mixed Supplies
- Composition Levy – Rules, eligibility and conditions for composition dealers
- Levy and Collection of tax – Taxable event, Reverse Charge Mechanism (RCM), E-Way Bill rules for transporting goods, Exemption from GST
Module III: Registration and Time, Place and Value of Supply
- Registration- Persons not liable registration, Compulsory registration, Procedure for registration, Deemed registration, Cancellation of registration (Practical Problems)
- Documentation – Tax invoice, credit and debit notes, Types of returns and GST return filing procedure
- Time, Place and Value of Supply Time of Supply
- Meaning and significance of time of supply
- Time of supply of goods under forward charge
- Time of supply of services under forward charge
- Time of supply under reverse charge mechanism
- Time of supply for additional charges, interest, late fee, and penalty
- Time of supply in case of change in rate of tax Place of Supply
- Meaning and importance of place of supply
- Place of supply of goods involving movement
- Place of supply of goods not involving movement
- Place of supply of goods imported into and exported from India
- Place of supply of services to registered persons
- Place of supply of services to unregistered persons
- Place of supply of services related to immovable property
- Place of supply of performance-based services
- Place of supply of transportation services Value of Supply
- Meaning and importance of value of supply
- Transaction value under GST
- Inclusions and exclusions in value of supply Treatment of discounts and subsidies
Module IV: Input Tax Credit & Payment of Tax
- Eligibility for taking Input Tax Credit
- Apportionment of credit and Blocked credits
- Input Tax Credit in Special Circumstances
- Computation of Tax Liability and payment of tax
Reference Books
- GST Bare Act 2017
- GST Law & Practice - V.S Datey (6th Edition)
- Bharat Law House. Indirect Taxes Containing GST, Customs, FTP & Comprehensive Issues by Mohd. Rafi (30th ed., 2025).
- Gupta, V., & Gupta, N. K. Fundamentals of Goods & Services Tax. Bharat Law House.
- GST Law and Commentary with Analysis and Procedures (10th ed., 2025) by Bimal Jain & A2Z Taxcorp LLP – a comprehensive multi-volume commentary on GST law and procedures.
- GST Bare Act, 2017Mishra, S.K. (2017). Systematic Approach to Goods & Services Tax (GST). Notion Press.
- Singh, A. (2018). GST Made Simple: A Complete Guide to Goods and Services Taxin India. Centax publications.
- Taxmann. (2018). GST Acts with Rules & Forms. Taxmann.
Reproduced from the University of Mumbai syllabus for B.Com. (Business Management) under NEP 2020, in force from the academic year 2026-27. Wording is as printed in that syllabus. Module numbering is as printed there too.
The complete syllabus
This subject is cut from the University circular for its year. Open a document here if you want the whole thing rather than a single subject.