Taxmann's CLASS NOTES for Indirect Tax Laws | IDT SAAR (Paper 8 | IDT) – Explaining provisions of the law in simple language with diagrams & charts | Colour Coded | CA-Final | Nov 2022 Exam

This book is prepared exclusively for the Final Level of Chartered Accountancy Examination requirement. It covers the entire revised syllabus as per ICAI. It is a one-stop solution to conquer the vast subject of Indirect Taxation easily. This book aims to explain the complicated provisions of the law in a simplified manner with the help of charts & diagrams.

This book covers the following laws:

• GST Act

• Customs Act

• Foreign Trade Policy

The Present Publication is the 5th Edition & updated till 30th April 2022 for CA-Final | New Syllabus | Nov. 2022/May 2023 exams. It is authored by CA (Dr.) Mahesh Gour & CA (Dr.) K.M. Bansal, with the following noteworthy features:

• Strictly as per the New Syllabus of ICAI

• [Pictorial Presentation/Charts with Handwritten Fonts] are used in the book for easy understanding of complex concepts

• [Multi-Colour Coded Book] which follows the below structure:

o Black – Heading, Sub-Heading & Important Words

o Blue – Matter/Content

o Red – Section, Rules & Schedules

o Green – Key Code, Date, Month

§ Amendments for December 2021

§ Amendments for May 2021

• [Author's View] for conceptual clarity

• [RTPs & MTPs of ICAI] This book covers references to RTPs & MTPs Questions of ICAI

• [Amendments Applicable for Nov. 2022 Examination] are especially highlighted

The contents of the book are as follows:

• Goods & Services Tax

o GST in India – An Introduction

o Supply under GST

o Charges of GST

o Exemptions of GST

o Place of Supply

o Time of Supply

o Value of Supply

o Input Tax Credit

o Registration

o Tax Invoice, Credit & Debit Notes

o E-Way Bill

o Accounts and Records

o Payment of Tax

§ Payment of Tax, Interest and other Amounts

§ Tax Deduction at Source and Collection of Tax at Source

o Returns

o Refunds

o Assessment and Audit

o Inspection, Search, Seizure and Arrest

o Demand and Recovery

o Liability to Pay in Certain Cases

o Offences and Penalties

o Appeals and Revision

o Advance Rulings

o Miscellaneous Provisions

• Customs & Foreign Trade Policy

o Basic Concept of Customs

o Types of Duties

o Classification of Imported and Exported Goods

o Import Procedure

o Valuation

o Duty Drawback

o Warehousing under Customs

o Baggage, Stores and Import by Post

o Transit and Transshipment

o Refunds under Customs

o Foreign Trade Policy