Indirect Taxation (May-June’ 2014) | Gauhati University Question Papers

Gauhati University Question Papers
INDIRECT TAXATION (May-June’ 2014)
Full Marks: 80
Time Allowed: 3 hours
Answer either in English or Assamese

The figures in the margin indicate full marks for the questions
gauhati university indirect taxation question papers 2014

1. Answer the following as directed:                                       1x10=10

a)      The term ‘goods’ has been defined as per section _____ of the Central Sales Tax Act, 1956. (Fill in the blank)
b)      The Central Sales Tax is levied by the Central and State Government. (State whether the statement is true or false)
c)       Registration under the Central Sales Tax Act, 1956 is compulsory only when a dealer makes an inter-state sale. (State whether the statement is true or false)
d)      Goods which are mentioned in the _____ schedule are considered as tax free goods under Assam VAT Act, 2003. (Fill in the blank)
e)      Newspapers and electricity are treated as goods under the Assam VAT ACT, 2003. (State whether the statement is true or false)
f)       State the meaning of ‘dealer’ as per Assam VAT Act.
g)      Write the meaning of ‘Factory’ as per the Central Excise Act, 1944.
h)      What is Basic Excise Duty under the Central Excise Act, 1944?
i)        Mention two condition needed to be fulfilled by an article for having recognition as ‘goods’ for excise duty.
j)        What is ‘Export goods’ under the Customs Act, 1962?
2. Explain the following in brief:                                                 2x5=10
a)      ‘Declared goods’ as per Central Sales Tax Act.
b)      Meaning of ‘Manufacture’ as per Central excise Act.
c)       ‘Protective duties’ under Customs Act, 1962.
d)      Meaning of ‘customs area’ under Customs Act, 1962.
e)      ‘Capital good’s as per Assam VAT Act.
3. Describe briefly any four of the following:                                       5x4=20
a)      Scope of Central Sales Tax Act.
b)      Meaning and significance of Value Added Tax (VAT).
c)       Procedure for collection of Central Excise Duty.
d)      Objectives of Customs Act, 1962.
e)      ‘Specific duties and ‘Ad-valorem duties’ under Central Excise Act, 1944.
f)       Meaning and significance of ‘Appropriate State’ as per Central Sales Tax Act.
4. Explain the procedure of registration of dealers under the Central Sales Tax Act.                          10
Or
Explain the provision relating to ‘inter-state sale’ or ‘transfer of goods’ under Central Sales Tax Act.                     10
5. State the nature of excise duty. Explain the basic requirements for levy of central excise on excisable goods.                 4+6=10
Or
Describe the procedure of valuation of ‘excisable goods’ as per the Central Excise Act. Who are the people liable to pay excise duty under this Act?                                         6+4=10
6. Explain the brief history of custom duty. Discuss the duties of the Officers of Custom.                               5+5=10
Or
Write short notes on the following as per Customs Act:                             2 ½ x 4=10
a)      Prohibited goods.
b)      Bill of Export.
c)       Baggage.
d)      Export duty.
7. What are the goods covered under Value Added Tax (VAT)? State the procedure of registration under Assam VAT Act. 5+5=10
Or
Who are the persons requiring registration under Assam VAT Act? State the different modes of registration under Assam VAT Act?                              4+6=10

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