B.Com 4th Semester-Indirect Taxation (2017)

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GAUHATI UNIVERSITY
COMMERCE
PAPER - INDIRECT TAXATION (INT)
B.Com 4th Sem. (2017)


1. Answer the following questions:

(a) The rate of Central Sales Tax on inter-state sales is____%.

(b) If a dealer has none more than one place of business within the same state, he has to get only one registration. (True or False)

(c) Where the registered dealer has to pay Central Sales Tax levied under CST Act?

(d) The Central Excise Act, 1994 applies to the whole of India other than Jammu and Kashmir. (True and False)

(e) Who is responsible to pay Central Excise duty on manufactured goods?

(f) Write the duties that are leviable under Central Excise Act.

(g) The general rate of basic customs duty on the non-agricultural good is____%.

(h) What are 'protective duties' under Customs Act?

(i) Who is the ultimate bearer of VAT?

(j) Who is a 'registered dealer' under Assam VAT?

2. Answer the following questions in brief: (2x5=10)

(a) "Place of business" according to Central Sales Tax Act.

(b) Meaning of 'Factory' according to Central Excise Act.

(c) 'Prohibited goods' as per Customs Act.

(d) Mention different types of the VAT.

(e) 'Export duty' as per the Customs Act.

3. Describe briefly any four of the following: (5x4=20)

(a) Meaning and significance of 'appropriate State' as per Central Sales Tax Act.

(b) Circumstances leading to the levy of Central Sales Tax.

(c) Types of customs duties as per Customs Act.

(d) Meaning of 'excisable goods' as per Central Excise Act.

(e) Salient features of the VAT.

(f) TIN and its objectives as per Assam VAT Act.


4. Discuss the procedure for payment of Central Sales Tax by the dealer to the Government. 10

Or

Discuss the procedures for obtaining registration under CST Act. 10


5. Discuss the scope of Central Excise Act, 1944. 10

Or

Define 'Sale' and 'Purchase' under Central Excise Act. Who are the persons requiring registration under this Act? (2=8=10)


6. What are the different methods of valuation for customs duty under Customs Act?
 Discuss the duties of the officers of customs. (5+5=10)
Or

Write short notes on the following as per Customs Act: (2½x4=10)

(a) Coastal goods

(b) Export Duties

(c) Importer

(d) Green channel.


7. Explain the different methods of registration under VAT Act. Explain the advantages of the VAT. (5+5=10)

Or

Discuss the different types of the VAT. What are the goods covered under VAT? (5+5=10)








Location: Assam, India

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