Diploma Course in Taxation

The Guru Nanak Dev University's Faculty of Economics and Business offers Diploma Course in Taxation course to its students. The course structure for it is as follows:

Part-I

Punjab Sales Tax and Central Sales Tax : Features, Terms, definitions, Registration of Dealers-Procedure & Cancellation & duplication of registration, Procedures of sales Tax Assessment, filing of returns, Use of Various Forms.
Customs Act, 1962 : An Overview, Levy, Collection & Exemption from Customs duties, date of Determination of date of duty & tariff Valuation, Prohibitions / restrictions on import & exports, Determination of Duty where goods consists of articles liable to different rates of duty, warehousing, duty drawbacks U/s 74 & 75, Special provisions relating to Baggage’s, postal Goods.

Part-II

Central Excise Act. 1944 : Meaning, Levy & Collection, Classification of Goods, Definition, Valuations, Assessment, Payment of Duty and Removal of Goods Refund of Duties, Cenvat Scheme.