Goods and Services Tax CCSU B.Com 5th Semester NEP Notes

Unit 1 [Book]
Indirect Tax Meaning, Features	VIEW
Difference Between Direct and Indirect Tax	VIEW
Types of Indirect Tax Before GST	VIEW
Shortcoming of Indirect Tax System During Pre GST Era	VIEW
GST Meaning Advantages, Disadvantages of Evaluation of GST	VIEW
Structure of GST, CGST, SGST, IGST UTGST, and Important Definition Under GST Act.	VIEW

Unit 2 [Book]
Time of Supply: Meaning of Goods and Services, TOS under Reverse Charge Mechanism, Invoicing Provisions, Provisions Related with Change Changes in GST Rate	VIEW
Place of Supply: POS Meaning, POS of Goods and Services, Intra state and Interstate Supply	VIEW
Value of Supply: Meaning, Provisions Related with Determination of Value of Supply of Goods and Services, Determination of GST Liability	VIEW

Unit 3 [Book]
Input Tax Credit ITC: Meaning of Utilization of ITC, Block Credit, Supply Not Eligible for ITC, Matching, Reversal and Reclaim of ITC	VIEW
Payment Under GST: Manner of Payment of GST Liability, Concept of Electronic, Cash Credit and Liability Ledger, Refund of Excess GST	VIEW
GST Return Meaning, Purpose and Importance	VIEW
Different Types of Return, Due Date of Filing Return	VIEW
Assessment under GST Meaning, Types Sales Assessment, Provisional Assessment, Summary Assessment, Best Judgment Assessment	VIEW

Unit 4 [Book]
GST Registration, Meaning of Final Registration, Compulsory Registration, and Procedure for New Registration, Amendment and Cancellation of Registration	VIEW
GST Accounts and Records, Manner of Maintenance of Accounts, Period of Retention of Relevant Records	VIEW
GST Invoice Format, Types Debit and Credit Note, Voucher	VIEW
GST Audit Meaning, Types, Mandatory, Departmental and Specific Audit	VIEW
Penalty under GST	VIEW
E -Way Bill	VIEW