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  • Course Code: 26GPA105

Basics of Taxation and GST

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Course Description

The course Basics of Taxation and GST provides an introduction to the structure and functioning of the Indian taxation system. It helps students understand the concept, need, and types of taxes, including both Direct and Indirect Taxes. The course familiarizes learners with key provisions of tax laws and the practical aspects of taxation in India. Special emphasis is given to the concept, framework, and functioning of Goods and Services Tax (GST). Through this course, students develop conceptual clarity about taxation, gain practical knowledge of tax compliance and GST procedures, and understand the impact of GST on business operations and economic activities in the modern financial environment.

Advanced Credit Program

Course Objectives

  • To understand the concept, need, and types of taxes in the Indian tax system (Direct & Indirect Taxes)
  • To develop understanding of the relevant provisions of Direct Tax and Indirect Tax
  • To acquaint the students with understanding the tax law and various tax practice
  • To explain the Concept and Framework of GST (Goods and Services Tax)
Advanced Credit Program

Course Outcomes

  • CO1: Conceptual Clarity on Indian Taxation System
  • CO2: Practical Skills in Tax Compliance and GST Filing
  • CO3: Analytical Understanding of GST’s Impact on Business
Advanced Credit Program

Day Wise Schedule

Day

Topic

Sub-Topic No.

Sub-Topic Title

Detailed Contents

Day 1

Introduction to Taxation

1.1

Meaning and characteristics of tax

Definition, purpose, real-world examples

1.2

Principles and objectives of taxation

Cannons of Taxation, Principles and objectives of taxation

1.3

Role of taxation in public finance

Role of taxation in public finance

1.4

Structure of the Indian tax system

Structure of the Indian tax system

Day 2

Direct Taxes - Basic Concepts and Terminologies

2.1

Assessee, Assessment Year, Previous Year, PAN, TDS, TAN basics

Terminology

2.2

Income, Exemptions, Deductions

Terminology

2.3

Taxable income and tax slabs (individuals & businesses)

4 layers and protocol mapping

Day 3

Indirect Taxes - Introduction to Goods and Services Tax (GST)

3.1

Concept and structure of GST

Features of GST and its benefits

3.2

GST vs Previous indirect tax system
Types of GST: CGST, SGST, IGST, UTGST

Types of GST: CGST, SGST, IGST, UTGST

Day 4

GST Registration and Compliance

4.1

Eligibility and process for GST registration
GSTIN and its significance

GSTIN process and its significance

4.2

Invoicing and billing under GST
GST returns and due dates (GSTR-1, GSTR-3B overview)

Tax Invoice, Bill of Supply
GSTIN, Place of Supply

Day 5

Input Tax Credit (ITC) and Valuation

5.1

Concept of ITC and its utilization

Concept of ITC

5.2

Conditions for claiming ITC

Process of claim

Day 6

Practical Aspects and Recent Updates
Filing GST returns (demo or screenshots of portal)

Reference Books

  • Students' Guide to Income Tax
    Authors: Dr. Vinod K. Singhania & Dr. Monica Singhania
    Publisher: Taxmann
  • Systematic Approach to Income Tax and GST
    Authors: Dr. Girish Ahuja & Dr. Ravi Gupta
    Publisher: Wolters Kluwer
  • GST Law & Practice
    Author: V.S. Datey
    Publisher: Taxmann

Mentor Details

Know your Mentor

Contact Number

Email Id

Teaching Experience (in Yrs.)

Dr Charandeep Singh

9855741273

Charandeep.e13559@cumail.in

Corporate Experience (in Banking Industry): 22 years
Academic Experience : 6 years

What Students say about the Program


The Advanced Credit Program at Chandigarh University has been a game-changer for my academic journey. It gave me the flexibility to accelerate my studies while exploring subjects in greater depth. The curriculum is structured, industry-relevant, and supported by faculty who genuinely want students to grow. What I appreciated most was how the program helped me build confidence—both academically and professionally—by encouraging higher-level thinking and self-discipline. This program doesn’t just add credits; it adds real value to your learning experience and future opportunities.

Mohammad Fahad Siddique
Applied Data Analytics for Business Decisions

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Jaswanth Chidirala
Introduction to AI

The Advanced Credit Program at Chandigarh University has played a transformative role in my academic journey. It offered the flexibility to fast-track my studies while allowing me to delve deeper into key subjects. The well-structured, industry-focused curriculum, combined with the constant support of dedicated faculty, truly enhanced my learning experience. What stood out the most was how the program boosted my academic and professional confidence by promoting critical thinking and self-discipline. This program goes beyond earning extra credits—it meaningfully enriches learning and opens doors to future opportunities.

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Programming in Python

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Ethical Hacking

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Saanvi Goyal
Basics of Taxation and GST

What I appreciated most about the Advanced Credit Program was its focus on quality learning. The program encouraged independent thinking and a disciplined approach to academics. The industry-oriented curriculum helped me understand real-world applications. Faculty support made complex concepts easier to grasp. I gained confidence in both academic and professional settings. This program goes beyond credits and adds meaningful learning value.

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Data Visualization using Power BI

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Data Science

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The Advanced Credit Program at Chandigarh University enhanced my learning experience in many ways. The flexibility of the program helped me balance academics effectively. The curriculum is relevant, practical, and well-organized. Faculty encouragement pushed me to think beyond textbooks. I developed a more analytical and confident mindset. This program truly prepares students for future opportunities.

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Yogendra Kushwaha
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Enrolling in the Advanced Credit Program at Chandigarh University was a great decision. The program allowed me to earn credits faster while focusing on quality education. The structured and industry-relevant curriculum enhanced my understanding of key subjects. Faculty guidance was consistent and supportive. I gained confidence in my academic and professional abilities. This program truly adds long-term value to a student’s journey.

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Introduction to Robotics

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Astha Chauhan
Basics of Microsoft Excel

The Advanced Credit Program at Chandigarh University has had a meaningful impact on my academic growth. It allowed me to progress faster while gaining a deeper understanding of important subjects. The industry-oriented and well-organized curriculum ensured practical and relevant learning. Faculty members were consistently supportive and approachable throughout the program. The program fostered critical thinking, self-discipline, and independent learning. It helped strengthen both my academic foundation and professional confidence. Overall, this program goes beyond credits by creating long-term academic and career value.

Sumanpreet Kaur
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