3 months down, GST still not on MU BCom syllabus
Over three months after the Goods and Services Tax (GST) was introduced in the country, the University of Mumbai is still to include it in the syllabus at the undergraduate and post-graduate level.
Students of Commerce under the University of Mumbai will not be taught about the new taxation structure this year as the university is yet to include it in its official syllabus. In the absence of this revision, students of third year BCom will continue to study ‘Indirect Taxes’, which includes Service tax and Maharashtra Value added Tax (MVAT).
Several students and parents have written to the university about the outdated syllabus. Kishore Nair, whose daughter is studying BCom at city college, recently took to Twitter over the issue. “Being a cost accountant by profession, I was shocked to see that the TY Bcom syllabus does not have GST. Students of commerce need to know about the changes that have taken place in the taxation structure.
Studying indirect taxes at a point when the country has replaced most taxes by one single tax does not make sense. The university should work on keeping its syllabus at par with the changing economic scenario so that students can learn things which are relevant …read more