Students of Delhi University (DU) applying for courses B.Com (Hons), B Com and BA will soon be studying Goods and Services Tax (GST) subjects. The university is planning to introduce the subjects soon and awaiting the clearance of proposal from the DU council.
DU officials have reportedly said, “The University’s academic council has cleared the proposal and is awaiting a nod from the executive council.”
The proposal aims to introduce GST subjects for students of B Com (Hons) in the sixth semester and will be studying GST and Customs Law as a second paper, while the students of B Com will study it in the fifth semester as a second paper with the same title.
Sunaina Kanojia, an academic council member told PTI, “Students used to study taxation in three streams — B Com (Hons), B Com and BA Program commerce-based papers. According to the new proposal, GST will replace the content on other indirect taxes.”
The proposal is most likely to be cleared in the upcoming Executive Council meeting, scheduled to be held on 14th July.
Students in the BA program will be studying GST in two papers and will be compulsory only for those BA program students who have Taxation as an optional subject.
Kanojia, an associate professor in the Delhi School of Economics, added, “All the papers will carry 100 marks and it will be compulsory for students of B Com, B Com (Hons) and B A Programme, who choose Taxation as an optional subject.”
India’s largest tax reform, GST was rolled out on 1st July 2017 by Prime Minister Narendra Modi which subsumes a range of state and central taxes.