IntroductiontoTaxation:Indirecttaxes-Meaning-Features–ObjectivesofTaxation– Canons – Taxation under the Constitution - Direct Tax Vs Indirect Tax – AdvantagesandDisadvantagesofindirecttaxes-VarioustypesofIndirecttaxes.

Customs Duty: Types of Customs Duty – Abatement Duty in Damaged or Deteriorated Goods –Customs Tariff Act1995–CustomsDuty Drawback-Objectives–Levy and Collection–Classification of Goods––Valuation of Goods

Introduction to GST:GSTBackground–GenesisofGSTinIndia–Concept–Need –TaxesSubsumedinGST–GoodsnotcoveredinGST-TaxesinGST(CGST,SGST,andIGST)–AdvantagesandDisadvantagesofGST–FrameworkofGSTinIndia

Supply and Its Forms: Supply – Meaning – Forms – Concept of Supply (Section 7 of CGST) - Composite and Mixed Supplies (Section 8) – Place of Supply - Time of Supply of Goods (Section12)–Time of Supply of Services(Section–13)-Valuation of Supply

Incidence of Tax:Incidenceoftax–RatesofGSTinIndia–GoodsExemptfrom Tax - Exemption and Exempt Supplies – Power of Grant Exemption from Tax (Section 11 of CGSTAct/ Section 6 of IGST Act) - Input Tax Credit (ITC) – Eligibility and Condition – KeyElementsofITC