Topics to be covered in the class room sessions

Common Concepts in IDT
1. Relevant Aspects of Constitution
2. Relevant Allied Laws vis a vis Indirect Taxes
3. Classification & Exemption
4. CENVAT/ Set Off
5. Valuation Principles
6. Provisions for Demand
7. Refunds
8. Self Assessment
Central Excise
1. Excisable Goods
2. Manufacture, Removal
3. Valuation
4. CENVAT – Capital Goods, Inputs, Input Services
5. SSI & Other major Exemptions
6. Job Work
7. Basic Procedures
8. Demands/ Penalties
9. Common Errors
10. Audit External/ Internal
Customs
1. History,Purpose,Levy,Types,taxable event
2. Import Valuation/Import procedure, SEZ and Warehousing
3. Classification of goods under Customs
4. Exemptions from custom duty
5. Export Valuation/Export procedure, Import /Export Valuation
6. Duty drawback and Export Promotion schemes
7. Policy Demand and offences, Refund of customs duty,
8. Penalties and Appeals
Foreign Trade Policy
1. Provisions relating to Foreign Trade
VAT Concepts/ CST
1. VAT Concepts- levy, Advantages and classification
2. Input tax credit with restrictions and schemes
3. Registration, Documentation under VAT law
4. Deemed Sales/Interstate works contract, Composition schemes
5. Levy of CST /Import and export with relevant statutory forms
6. Demand and penalties
7. Accounts and Audit
Service Tax
1. Levy and Negative List
2. Valuation under Service tax law
3. Composition scheme
4. CENVAT Credit
5. Major Exemptions/Abatements
6. Export Rules /Import Rules/Place of Provision of Service Rules
7. Demand And Appeals under service tax law
8. Basic Procedure- assessee
9. Basic Procedure – department
10. Service tax Rules- Audit
11. Point of Taxation Rules
12. Common Errors
13. Refunds and rebates under service tax law
GST Road Map
1. Road Map to GST
2. Constitutional Amendment bill
3. Role of Professionals