Law of Indirect Taxation

Unit I

Types of taxes · direct and indirect · merits and demerits · History, types and methods of indirect taxation · Policies of indirect taxation · constitutional provisions relating to indirect taxation · relevant Taxation Enquiry Committee Reports

• Constitutional provisions relating to Taxation
• Nature and Scope of Tax
• Indian Tax Structure — Direct and Indirect Taxes

Unit II

Central Excise Act 1944 · Definitions · Concept of manufacture, deemed manufacture, Basic concepts of levy and collection, valuation of goods, penalties

• Goods and Service Tax: - law, procedure, applicability, assessment, advance ruling

Unit III

Customs Act · customs port, airports, warehouse, prohibition on import/exports, illegal exports, Fixation of duty, Powers of authority, search, seizure, arrest, confiscation, penalties, presumption as to documents, transport by sea

Unit IV

Value Added Tax · History · General Principles · Special Reference to Kerala Value Added Tax · sale, Dealer, Registration · Levy, Returns, Assessment, Powers of Authorities, Penalties

• Goods and Service Tax: - law, procedure, applicability, assessment, advance ruling

Unit V

Goods and Services Tax · constitutional basis for GST · Justification for GST · Central GST, State GST, IGST Model · merits and demerits of the new system

• Goods and Service Tax: - law, procedure, applicability, assessment, advance ruling
• Constitutional provisions relating to Taxation