In CA Final Exams, Indirect tax is a subject that comprises both GST (Goods and Services Tax) and Customs Law. This is one of the most challenging yet scoring subjects due to the vast syllabus and the technical nature if prepared strategically.
To help students simplify their revision, Bhagya Achievers provide free downloadable summary notes PDFs, concept based notes, and handwritten notes that are designed to make last minute preparation quick, and effective.
Paper 5: Indirect Tax Law Syllabus
|
Syllabus Modules
|
Chapters
|
|
Part-I: Goods and Services Tax
|
|
Module-1
|
Chapter-1 Supply Under GST
Chapter-2 Charge Of GST
Chapter 3 Place of Supply
Chapter-4 Exemptions from GST
Chapter-5 Time of Supply
Chapter-6 Value Of Supply
|
|
Module-2
|
Chapter 7: Input Tax Credit
Chapter 8: Registration
Chapter 9: Tax Invoice, Credit and Debit Notes
Chapter 10: Accounts and Records; E-way Bill
Chapter 11: Payment of Tax
Chapter 12: Electronic Commerce Transactions Under GST
Chapter 13: Returns
|
|
Module-3
|
Chapter 14: Import and Export Under GST
Chapter 15: Refunds
Chapter 16: Job Work
Chapter 17: Assessment and Audit
Chapter 18: Inspection, Search, Seizure and Arrest
Chapter 19: Demand and Recovery
Chapter 20: Liability to Pay in Certain Cases
Chapter 21: Offences and Penalties and Ethical Aspects under GST
Chapter 22: Appeals and Revisions
Chapter 23: Advance Ruling
Chapter 24: Miscellaneous Provisions
|
|
Part II: Customers & FTP
|
|
Module-4
|
Chapter-1 Levy of Exemptions from Customs Duty
Chapter 2 Types of Duty
Chapter-3 Classification of Imported & Exported Goods
Chapter-4 Valuation Under the Customs Act, 1962
Chapter-5 Importation and Exportation of Goods
Chapter-6 Warehousing
Chapter-7 Refund
Chapter-8 Foreign Trade Policy
|
Weightage and Exam Pattern of CA Final Indirect Tax Laws
PAPER 5: INDIRECT TAX LAWS (100 MARKS)
PART-I-GOODS AND SERVICES TAX (80 MARKS)
|
Contents
|
Section-
|
Weightage
|
|
Goods and Services Tax (GST) Law as contained in the Central Goods and Services Tax (CGST) Act, 2017 and Integrated Goods and Services Tax (IGST) Act, 2017 including
|
|
(i) Case studies based on following: Levy and collection of CGST and IGST – Application of CGST/IGST law; Concept of supply, inter-State supply, intra-State supply, supplies in territorial waters; Charge of tax including reverse charge; Classification; Exemption from tax; Place of supply; Time of Supply; Value of supply; Input tax credit; Computation of GST liability
|
I
|
45%-65%
|
|
(ii) Procedures under GST including registration, tax invoice, credit and debit notes, electronic way-bill, accounts and records, returns, payment of tax
|
II
|
10%-30%
|
|
(iii) Refunds and case studies based on refund II 10%-30% provisions (iv) Job work
|
|
(v) Liability to pay in certain cases
|
|
(vi) Administration of GST; Assessment and Audit
|
III
|
0-5%
|
|
(vii) Inspection, Search, Seizure and Arrest
|
|
(xii) Other provisions
|
|
(viii) Demand and Recovery;
|
IV
|
15%-30%
|
|
Offences and Penalties
|
|
(x) Advance Ruling
|
|
(ix) Appeals and Revision
|
|
(xi) Ethics under GST
|
PART-II-CUSTOMS & FTP (20 MARKS)
|
Contents
|
Section
|
Weightage
|
|
1. Customs Law as contained in the Customs Act, 1962 and the Customs Tariff Act, 1975 2. Foreign Trade Policy
|
|
1(ii) Levy of customs duties including application of customs law, taxable event, charge of customs duty, exceptions to levy of customs duty, exemption from custom duty
|
I
|
40%-65%
|
|
1(iii) Types of customs duties
|
|
1(iv) Classification and valuation of imported and export goods
|
|
1(v) Import and Export Procedures including special procedures relating to baggage, goods imported or exported by post, stores
|
II
|
20% - 45%
|
|
1(vi) Warehousing
|
|
1(vii)Refund
|
|
2(iii) Basic concepts relating to export promotion schemes provided under FTP
|
|
2(i) Introduction to FTP – legislation governing FTP, salient features of an FTP, administration of FTP, contents of FTP and other related provisions
|
III
|
10%-20%
|
|
2(ii) Basic concepts relating to import and export
|
|
1(i) Introduction to customs law including Constitutional aspects
|
Preparation Strategy to Score More in CA Final Indirect Tax Laws
- Stay Updated with Amendments: Tax laws change often. Keep track of the latest changes in GST changes in GST and Customs, and add them to your notes.
- Know the Syllabus and Key Topics: Start with ICAI’s latest study material. Focus on important areas like GST structure, input tax credit, and customs valuation.
- Understand GST Basics: Cover key concepts such as supply, ITC (Input Tax Credit), exemptions, and compliance rules.
- Make Short Notes: Write crisp CA Final Indirect Tax Laws notes for quick revision. This saves time during exams and helps you focus on key points.
- Give Mock Tests: Practice Bhagya Achievers free download mock test regularly to improve speed, accuracy and to identify weak points.
Benefits of CA Final Indirect Tax Laws Free Download Notes
CA Final Indirect Tax Laws Free Download - Summary Notes:
- Free Download Summary Notes PDFs helps to revise the entire syllabus quickly before CA Final Indirect Tax Laws exam
- Free Download Summary Notes focus only on the most important provisions, sections, and keywords
CA Final Indirect Tax Laws Free Download - Faculty Notes
- Free Faculty PDFs Contain experts insights, memory techniques, and easy to understand explanations
- Focus on CA Final Indirect Tax Laws Relevant Areas as per ICAI Trend
Free Download CA Final Indirect Tax Laws Handwritten Notes
- Free Download Handwritten Notes Easy to revise, include shortcuts and mnemonics.
CA Final Indirect Tax Laws Free Download - MTPs (Mock Test Papers)
- Help to access speed, accuracy and time management
- Identify weak areas for targeted revision.
CA Final Indirect Tax Laws Free Download - RTPs (Revision Test Papers) and Previous Year Question Papers
(PYQs)
- Free Download RTPs questions have high Probability that similar questions appear in CA Final Indirect Tax Laws exam.
- Free Download Previous Year Question Papers highlight repeated and high weightage questions.
FAQs
Q1: What does the CA Final Paper 5 include?
Ans: CA Final Paper 5: Indirect Tax Laws covers GST and Customer Law, both theory and practical aspects.
Q2: What type of free notes is available on the Bhagya Achievers Community?
Ans: To get high scores in the CA Final Paper 5: Indirect Tax Laws Bhagya Achievers Provide free download concept notes, summary notes PDFs, faculty notes PDFs, MTPs, RTPs and Free Download Previous year question papers with solutions.
Q3: How to download CA Final Paper 5: Indirect Tax Laws Complete Notes PDFs?
Ans: Visit Bhagya Achievers Website → Go to the Community
→CA Final→ Paper 5→ Choose notes and Click Download
Q4: Are these notes beginner friendly for those new to indirect tax?
Ans: Absolutely, many notes start with basics and build up gradually, making them easy to follow for the first time learners.
Q5: What is the best way to revise the subject before exams?
Ans: Use summary notes, flow diagrams, and practice MTPs, RTPs, and Previous Year Questions.
Q6: Do I need to remember section numbers in GST and Customs?
Ans: Not mandatory for all answers, but writing key section numbers adds professional value and may improve scoring.
