DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, DECEMBER 2017.
Third Semester
INDIRECT TAXES
(Upto 2012-13 Academic Year 2013 Calendar Year)
Time Three hours Maximum 100 marks
SECTION A — × 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. What are the special features of indirect taxes?
2. Explain the tax structure under the CST Act.
3. What are the features of inter-state trade?
4. State the objectives of the Customs Act 1962.
5. Write a note on MODVAT.
6. What are the different types of customs duty?
7. How is maximum retail price determined under the
Central Excise Laws?
8. How is service tax levied?
Sub. Code
34
DE-2734
WSS
2
SECTION B — × 15 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
9. Explain the procedure for registration of dealers under
the CST Act.
10. Explain different types of clearance under the Central
Excise Act.
11. Explain the principles that determine inter-state trade
transaction under the CST Act.
12. Discuss the provisions regarding valuation of goods under
the Customs Act.
13. What are the reasons for prohibiting imports and
exports?
14. What are the different methods of availing CENVAT
benefits?
15. How would you make tax planning in respect of service
tax?
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