IPU GST Notes Unit 2

Download IPU GST Notes PDF for BBA program. This note contains topics for Unit 2 in GGSIPU syllabus.

UNIT 2 VAT

• VAT: Introduction, Meaning, features, Merits, Demerits
• Tax Calculation, Difference from Sales Tax, Value addition
• Different forms for VAT, VAT Refund
• Importance of CST Act 1956, Various Provisions, Different Categories
• CST Calculations
• Introduction to Services Tax Act 2007, Types of Services Covered, Relevant Provisions
• Rates of Service Tax and its calculation