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GST Study Material PDF For CA IPCC & CA Final May 2018 by ICAI

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Download GST Study Material PDF For CA IPCC & CA Final May 2018. GST has implemented in India from 1st July 2017. The Council of ICAI has decided that Goods and Services Tax (GST) will be examined in both Part II: Indirect Taxes of Paper 4: Taxation of Intermediate (IPC) Course and Paper 8: Indirect Tax Laws of Final Course from May, 2018 examination onwards.

GST has included in Both Revised CA Course & Old CA Course Study materials from October 2017 edition which will be applicable for May 2018 attempt.

Download GST Study Material PDF For IPCC & CA Final May 2018

The given study material of GST has provided by ICAI in pdf format for CA Students. ICAI officially released this study material not only for CA IPCC & CA Final students and also for every tax payer who wants to know about Goods and Services Tax (GST).

GST Study MaterialDownload
GST Quick Review Notes with Charts & GraphicsDownload
 

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GST Study Material for CA IPCC Inter & Final by ICAI

GST will be applicable from

  • CA IPCC – In Paper 4 Taxation paper from May 2018
  • Revised CA Course – CA Inter – Taxation paper from May 2018
  • CA Final  – In Paper 8: Indirect Tax Laws paper from May 2018
  • Revised CA Course – Final – Indirect Taxation paper from May 2018

Applicable GST Topics for CA IPCC / Inter Students

Goods and Services Tax (GST) Laws

(i) GST Laws: An introduction including Constitutional aspects

(ii) Levy and collection of CGST and IGST

  • a) Application of CGST/IGST law
  • b) Concept of supply including composite and mixed supplies
  • c) Charge of tax
  • d) Exemption from tax
  • e) Composition levy

(iv) Basic concepts of time and value of supply

(vi) Input tax credit

(vii) Computation of GST liability

(viii) Registration

(ix) Tax invoice; Credit and Debit Notes; Electronic way bill

(x) Returns

(xi) Payment of tax including reverse charge

Note – If any new legislation(s) is enacted in place of an existing legislation(s), the syllabus will accordingly include the corresponding provisions of such new legislation(s) in place of the existing legislation(s) with effect from the date to be notified by the Institute. Similarly, if any existing legislation ceases to have effect, the syllabus will accordingly exclude such legislation with effect from the date to be notified by the Institute. Students shall not be examined with reference to any particular State GST Law.

Consequential/corresponding amendments made in the provisions of the Income-tax law and Goods and Services Tax laws covered in the syllabus of this paper which arise out of the amendments made in the provisions not covered in the syllabus will not form part of the syllabus.

Further, the specific inclusions/exclusions in the various topics covered in the syllabus will be effected every year by way of Study Guidelines. The specific inclusions/exclusions may also arise due to additions/deletions every year by the annual Finance Act.

GST Applicable Topics for CA Final Students

Paper 8 Indirect Tax Laws

Part I: Goods & Services Tax (75 Marks)

Goods and ServicesTax (GST) Law as contained in the Central Goods and ServicesTax (CGST) Act, 2017
and Integrated Goods and ServicesTax (IGST) Act, 2017

i. Constitutional aspects

ii. Levy and collection of CGST and IGST – Application of CGST/IGST law; Concept of supply including composite and mixed supplies, inter-State supply, intra-State supply, supplies in territorial waters; Charge of  tax; Exemption from tax; Composition levy

iii. Place of supply

iv. Time andValue of supply

v. Input tax credit

vi. Computation of GST liability

vii. Procedures under GST – All procedures including registration, tax invoice, credit and debit notes, electronic way bill, accounts and records, returns, payment of tax including reverse charge, refund, job work

viii. Provisions relating to electronic commerce

ix. Liability to pay in certain cases

x. Administration of GST; Assessment and Audit

xi. Inspection, Search, Seizure and Arrest

xii. Demand and Recovery

xiii. Offences and Penalties

xiv. Advance Ruling

xv. Appeals and Revision

xvi. Other provisions

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