Indirect Taxes

FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS

Indirect Taxes

Unit – I: Central Excise 
a. Background and Introduction to Excise Law in India
b. Structure of Excise Law in India
c. Meaning of ‘Manufacture’ under section 2(f) and ‘Manufacturer’ under
Section 2(f)
d. Classification of Goods :
i. Central Excise Tariff Act 1985
ii. Rules for Interpretation of CETA
iii. Other Aspects of Classification
e. Valuation
i. Study of section 4 and section 4 A alongwith Rules for Valuation
f. CENVAT
i. Basic Meaning
ii. MODVAT
iii. CENVAT on Inputs
iv. CENVAT on Capitals Goods
g. Administrative Structure of Excise Department
Unit – II: Customs
a. Background and Introduction to Customs Law in India
b. Structure of Customs Law in India
c. Administrative Structure of Customs Department Sections 3 to 6
d. Territorial Waters of India
e. ‘Goods’ under Customs Act
f. Types of Duties
g. Valuation:
i. Section 14
ii. Rules for Valuation
h. Restrictions on Import and Export under the Customs Act 1962
i. Introduction to Duty Drawback
j. Introduction to Baggage Rules and Import by Post and Courier
Unit – III: Sales Tax and Vat
a. Introduction to Central Sales Tax
b. Constitutional Provisions on Taxes on Sales of Goods
c. Charging Section
d. Inter-State Sale
Objective: Focus of this paper is to orient students with various indirect taxes such as central
excise, customs and sales Tax. This optional paper will enable students to specialize in tax laws.109
e. Movement of Goods
f. Stock Transfer
g. Meaning of goods and Sales
h. Introduction to VAT
Unit – IV: Service Tax
a. Introduction and Background
b. Constitutional Validity
c. Provisions Regarding:
i. Registration
ii. Records
iii. Self Assessment and verification
iv. Interest on Delayed Payment
v. List Services included