1. Gulati Institute of Finance and Taxation 1

2. Post Graduate Diploma in Goods and Services Taxation (PGD-GST)

2.1 Introduction 2 2.2 Course Vision 2 2.3 Duration 2 2.4 120 Hours Training Programme 2 2.5 MinimumQualification 3 2.6 Course Fee 3 2.7 Fee Concession 4 2.8 SubmissionofApplicationForm 4 2.9 Payment of Fee 4 2.10 Refund of Fee 4 2.11 CommunicationtoStudents 4 2.12 RegistrationValidity 4

3. Examination

3.1 Schedule 5 3.2 Eligibility 5 3.3 Application 5 3.4 Fee 5 3.5 Qualifying Marks 5 3.6 Results 5 3.7 Revaluation 5 3.8 IssueofCertificate 6

4. Syllabus 6

Contents

1 Gulati Institute of Finance and Taxation

Gulati Institute of Finance and Taxation (GIFT), formerly Centre forTaxationstudies(CTS),isanautonomousinstitutionofGovernmentofKerala.In2009,withagenerousfinancialsupportfromGovernmentofIndia,GovernmentofKeralaupgradedandrenamedCTSasGIFTafterthe renowned economist late Professor I.S. Gulati, who was closelyassociatedwith theGovernment of Kerala notably asVice-chairman,Kerala State Planning Board.

TheoverallgovernanceoftheInstituteisbyaGoverningBodypresentlychaired by Hon’ble Finance Minister Dr TM Thomas Isaac and its members include senior administrators from State and Central Government,eminenteconomists,notedlegalandmanagementexperts.

Affiliated to the Cochin University of Science andTechnology for itsPhDProgram,GIFT is engaged in teaching, training, consultancy andcuttingedgeresearchonissuesrelatedtoPublicFinance,Taxation,Law,Accounting,ManagementandGovernance.Whileitsempiricallybasedandtheoretically informedresearchservesan input forpolicymakingat the regionalandnational level, its consultancyservicesareavailedbyvariousgovernmentdepartments,publicenterprisesandcorporates.

GIFTinfluencespolicyformulation,apartfromitsresearch,byservingasaplatformfordeliberatingonissuesofcontemporaryrelevanceatthenationalandregionallevelbybringingtogetherdifferentstakeholders.The institutebringsout its researchoutput in the formofdiscussionpapers/workingpapers,monographsandresearchreports.Themonthlylaw journal -KeralaTaxReporter (KTR)publishedsince the inceptionof the institute (1992) is a much-acclaimed journal by jurists, taxpractitionersandlegalexperts

The institute has been offering a diploma program, Post GraduateDiploma in Taxation (PGDT), since 1993which enabled the diplomaholderstoenrollasSalesTax/ValueAddedTaxPractitionersinKerala.In2004anotherprogram,DiplomainSalesTaxation(DST),waslaunchedto equip small traders, entrepreneurs and accountantswith practicalknowledgeintheareasofSalesTax/VAT&Accounting.

1

22.1

2.2

2.3

2.4

Post Graduate Diploma in Goods and Services Taxation

Introduction

Finance and Taxation are two areas that offer immense careeropportunities both in public and private sector in the areas of law,financialaccountingandmanagementespeciallywiththe introductionof Goods and Services Tax (GST) in India. Taking this in view, GIFTlaunched thePostGraduateDiploma inGoods and ServicesTaxation(PGD-GST) in 2018. The program is designed to cater to the ever-growingdemandfromtradeandindustryforcompetentandskilledGSTprofessionals liketaxpractitioners,accountants,andlegalconsultants.Unlike conventional academic courses offered by Universities, PGD-GSTwill focus on imparting practical skills through training sessionsonallaspectsofGSTlaws,procedures&accounts.Thiscourseenablestheparticipants to acquire professional skills inGSTwhichhavehighdemand in trade and industry.

Course Vision

ThePGD-GSTprogramenvisagestohelptransformingGSTinto‘GoodandSimpleTax’forallconcernedasarticulatedbytheGovernmentofIndiabycreatingahighlyaccomplishedandaccountabletaxpersonnelwhohelpindustryandbusinesstocomplyingwiththetaxsystemwhileensuringthetimelycollectionofthetaxbythegovernment.

Duration

PGD-GSTCourseisofone-yeardurationandwillbeimpartedthroughtrainingprogrammeof120hours(fordetailsrefer2.4)coveringtheoreticaland practical aspects of GST.This course consists of five papers (forsyllabusrefer4)andthemediumofinstructionandexaminationwillbeEnglish.

120-Hours Training Programme

The 120 hoursTraining Programmeswill be conducted through classroomsandonlinemodeduring theacademicyear in twostreams, i.e.WeekdaysandWeekendstoaccommodatestudents,employedpersonsandthosewhopursueothercourses.

Stream I - Weekdays Training Programme (WDTP):WeekdaysTrainingProgrammewill be conducted only at GIFT Campus,Thiruvanantha- puram.During the duration of the Course, aminimum of 40 days (3hours/day)training programmes will be conducted during weekdays(MondaytoFriday).

Stream II - Weekend Training Programme [WKTP]: Weekend Training Programme will be conducted at two centres i.e., ThiruvananthapuramandErnakulam.DuringthedurationoftheCourse,2

2.5

2.6

a minimum of 20 days (6 hours/day) training programmes will be conductedduringweekends(Saturday&Sunday).

The above two streams of training will consist of theoretical andpractical sessions to equip the students to understand and complywithvariousprovisionsintheGSTActs,Rules&FormsandAccounting. A minimum attendance of 80 per cent is mandatory to complete the training programme. Training Certificate will be issued to students only on completion of 120 hours’ training programme.

Minimum Qualification

Graduate–General(B.Com,BBA,BSc,BAorequivalent)OR Graduate-Law(LLB,BLorequivalent)ORCA/CMA/CSOR

Post-Graduate–(M.Com,MBA,MSc,MAorequivalent)OR PostGraduateDiplomainTaxation(PGDT)ofCTS/GIFT

Thereisnoagelimitforjoiningthiscourse.Studentspursuingfinalyeardegreeorexpectingtheirresults fordegreeexaminationcanalso joinPGD-GST.Suchstudentswillbepermittedtowritetheexaminationonlyaftersubmittingtheirprovisionaldegreecertificate.

Fee # 17,600Less - Discount for lumpsum payment 600Net Amount 17,000Add9%CGST&9%SGST&1%KFC* 3,230TOTAL* (Tobepaidalongwiththeapplicationform) 20,230

Fee (First Installment) 6,800Add9%CGST&9%SGST&1%KFC* 1,292TOTAL (Tobepaidatthetimeofsubmittingthe applicationform)

8,092

Fee (Second Installment) 6,800

Add9%CGST&9%SGST&1%KFC* 1,292TOTAL (Tobepaidthreemonthsafteradmission) 8,092

Fee Structure

(i) If paid in lump sum

(ii) If paid in three installments

# For Fees Concession Refer 2.7*CGST:CentralGST;SGST:StateGST;KFC:KeralaFloodCess

Rupees

Rupees

3

Fee (Third installment) 4,000Add9%CGST&9%SGST&1%KFC* 760TOTAL (Tobepaidsixmonthsafteradmission) 4,760

2.7

2.9

2.10

Submission of Application FormStudents with required minimum qualification should submit their applicationandremittheprescribedfeesONLINEonly.ForonlineapplicationformfollowPGD-GSTlinkinGIFTwebsite,www.gift.res.inPayment of FeeAll fees should be paid through NEFT, RTGS, Debit/ Credit Cards or NETBankingonly.Nofeeswillbecollectedincash,bychequeorbydemanddraft.Refund of FeeFees once paid will not be refunded. However, if the application is rejected by the Institute, the fees remitted will be refunded after deductiingofadministrativechargesasdecidedbytheInstitute.Communication to StudentsAll communications to the students such as admission, dates & centres of training programmes and examinations will be communicated throughSMStotheirregisteredmobilenumberandemail.AllsuchinformationwillbeavailableinGIFTwebsitealso.

Registration ValidityRegistration is valid for three academic years from the date of joining the course within which period the candidate should complete thecourse. Original Certificate(s) for eligibility should be produced for verificationasandwhencalledfor.

* Do not send original certificates to GIFT4

Fees Concession

Thefollowingcategoryofapplicantshavingrequiredminimumqualificationasper Para 2.5 canavailafeeconcessionofRs.4760(ThirdInstalment).

Sl.No

Category Documents to be submitted

1 OfficialsofCentral/StateGovernments,Publicsectorundertakings,Autonomousbodies,Institutionsetc.

Letterfromtheofficeconcernedand Department IdentityCard

2 StudentswhohavepassedthePGDTCourseofCTS/GIFT.Theycanalsoavailtheexemptionsoftwosubjects:PapersIV&V.

PGDT Diploma Certificate

3 StudentswhohavecompletedthePGDTCourse of CTS/GIFT and have course completioncertificate.

PGDT Course CompletionCertificate

4 SalesTaxPractitioner(STPs)whohaveundergonetrainingatGIFTaspertheG.O.(MS)No.209/2015/TDdated27-11-2015ofGovt.ofKeralaandobtainedPhoto-Identitycard.

STPs – Photo ID Card

5 Multi-levelMarketing(MLM)DirectSellerswhohaveundergonetrainingatGIFTaspertheClause3(VI)ofcircular1871/C2/2014/TDdated14-9-2015ofGovernmentofKerala.

MLMTrainingCertificateofGIFT

6 AllstudentsstudyinginColleges/Universities/Institutions.

LetterfromtheHead of the Institution/Principal

7 AnyInstitutionwithminimumenrollmentof50of their students or employees

LetteroftheInstitutionwiththelist of applicants

8 Indianswhoworkedatleast2yearsinaforeigncountryandreturnafterrelinguishingtheirjob

Passport,Visa/Jobevidence

9 Retired/VRSoptedemployeesofcentral/stategovernments,publicsectorundertakings,semi-government,autonomousbodies

Proof of retirement/VRS

10 SeniorCitizens(Age60andabove) Proof of age

2.11

2.12

2.8

33.1

3.2

3.3

3.4

3.5

3.6

3.7

Examination

ScheduleThe PGD-GST examination will be conducted during April/May every year. The examination centres are at Thiruvananthapuram and Ernakulam. However, in addition to regularexamination, supplementary examination will be held atThiruvananthapuram only during December/January for failed candidates.

EligibilityStudentspursuing thePGD-GSTcourseareeligible toappear for the examination once they have obtained the Training Certificate. For obtainingtheTrainingCertificate,thestudentshavetocompletetheirtrainingprogrammesbyfulfillingminimumattendancerequirements(fordetailsrefer2.4).OnlythosewhohaveobtainedTrainingCertificatesareeligibletoapply&appearfortheexamination.

ApplicationApplicationforexaminationmustbemadeintheprescribedformalongwith theexaminationfee.Theapplication,complete inevery respect,should be submitted online. The details of the examination will be published in GIFTwebsite andwill be informed to students throughtheir registered email and mobile number.

FeesThe examination fee is Rs. 900 (inclusive of all taxes) irrespective ofthenumberofpapersthecandidatewishestoappear for.Thedetailsregarding online application forms, payment procedures etc. will be informedtothestudentsthroughourwebsite,andbySMSandemail.

Qualifying MarksAcandidateshallbedeclaredtohavepassedthePGD-GSTexaminationonly if she/he obtains 50% marks in each paper.

ResultsExamination results will be published in GIFT website, Kerala Tax Reporter[KTR]andmajornewspapers.

RevaluationRevaluation of the examination papers is allowed. Application for Revaluationof answer sheets alongwith the required fees ofRs.125(inclusiveofalltaxes)perpapershouldbesubmittedonline.Thedetailsregardingonlineapplicationformsforrevaluation,paymentproceduresetc.willbeavailableinourwebsite.

5

Issue of CertificatesCandidates who have passed the PGD-GST examination will beawarded Post Graduate Diploma Certificate in Goods and ServicesTaxationbyGIFT.

Syllabus4Paper

No. Paper (Subject)Exam

Duration (hours)

Total Marks

IGoodsandServicesTax: Law&Practice–1(Sections1to21)

3 100

IIGoodsandServicesTax: Law&Practice–II(Sections22to174)

3 100

III Integrated Goods and ServicesTax:Law&Practice 3 100

IV Accounting&Management for GST 3 100

V EconomicsofTaxation& GeneralLawsofTaxation 3 100

Paper I Goods And Services Tax: Law & Practice - I

1. CentralGoodsandServicesTax,[CGST], StateGoodsandServicesTax[SGST]–BriefHistory2. ConstitutionalProvisions3. CGST&SGST–Definitions4. Concept&DefinitionofSupply5. LevyandCollectionofTax6. Reverse Charge7. Compounding Scheme8. Exemption9. Time of Supply10. ValueofTaxableSupply11. InputTaxCredit12. SchedulesI,II&III

3.8

6

Goods And Services Tax - Law & Practice - II

1. Registration2. TaxInvoice3. Credit and Debit Notes4. Accounts and Records5. Filing of Returns6. PaymentofTax7. TaxDeductionatSource8. TaxCollectionatSource9. Refund Mechanism10. Assessment11. Audit12. Anti-EvasionMeasures13. Demands and Recovery14. Advance Ruling15. Appeals and Revisions16. OffencesandPenalties17. Miscellaneous Provisions

Integrated Goods And Services Tax - Law & Practice

1. IntegratedGoodsandServicesTax(IGST): BackgroundandConstitutionalprovisions2. Definitions3. Levyandcollectionoftax4. Powertograntexemption5. Determinationofnatureofsupply6. Place of supply of goods7. Place of supply of services, where location of supplier and recipient is in India8. Place of supply of services, where location of supplier or locationofrecipientisoutsideIndia9. Specialprovisionforpaymentoftaxbysupplierofonlineinforma- tionandDatabaseaccessorretrievalservices10. ZeroratedSupplyandRefundofIGSTtoInternationalTourists11. Apportionment of tax and settlement of funds & wrongful collectionandpaymentoftax12. ApplicationofprovisionsofCGSTAct& Miscellaneous provisions

Paper II

Paper III

7

Paper IV

Paper V

Accounting and Management for GST

Part–A: Accounting and Management

1. BusinessTransactions2. Invoice&Vouchers 3. DoubleEntryPrinciple–Debit&Credit4. SubdivisionsofJournal–BooksofAccounts-Ledger 5. BankReconciliationStatement6. AccountingErrors&Rectifications7. Trial Balance8. FinalAccounts–ManufacturingAccount–TradingAccount- Profit&LossAccount–Profit&LossAppropriationAccount- Balance Sheet9. Capital&Revenue–AccountsofNon-trading-concerns10. Consignment Account11. ComputerizedAccounting-AccountingunderGST-Books &RegistersunderGST-PracticalProblems12. Management–Definitions–FunctionofManagement- Decision Making13. Leadership-Communication-OfficeManagement-RoleofTax PractitionersPart–B: Statutory Forms

14. StatutoryForms–Registration–TaxInvoices-Registersetc- Returns

Economics of Taxation and General Laws of Taxation

Part- A: Economics of Taxation

1. PrinciplesofTaxation2. TaxStructure-KindsofTaxes3. CentralandStateTaxStructure4. TheoryofTaxIncidence/Shifting5. GST Rates and use of HSN Code/SAC6. UnionandStateBudgets7. PublicExpenditure&Debt8. Centre-StateFinancialRelations&FinanceCommissions

Part-B: General Laws of Taxation

1. ConstitutionalProvisions2. InterpretationofStatutes3. General Clauses Act4. LawRelatingtoSaleofGoods5. LawofContracts6. Contract of Agency7. TheConstitution101stAmendmentAct,20168. GoodsandServicesTax(CompensationtoStates)Act,2017

8

5

Contact

Director

Dr K J Joseph

Registrar

Shri R Rajagopal

Faculty

Smt L Anitha Kumary

Smt Jenny Thekkekara

Dr Thomas Joseph Thoomkuzhy

Dr N Ramalingam

The Co-ordinator [PGD-GST] Gulati Institute of Finance and Taxation [GIFT] GIFT Campus, Chavadimukku, Sreekariyam P.O. Thiruvananthapuram -695 017, Kerala, India Phone: 91 471 2593960, 2596970, 2596980, 2590880 Email: giftkerala@gmail.com Website: www.gift.res.in

6

9

www.gift.res.in