Indirect Tax Laws And Practice (ITLP) (Paper-19) CMA Final Group 4

SECTION A: GOODS AND SERVICES TAX ACT & RULES [70%]

1. Supply under GST - A Refresh - 4.12%

• Introduction 
• Case Studies and Illustrations on Supply - Taxable, Non-taxable, Exempted, Deemed Supplies, Reverse Charge 
• Notifications on Exempted Supplies 
• Important Circulars covering Clarifications on Supply 
• Analysis of Key Advance Rulings 

2. Time of Supply (Advanced) - 4.12%

• Introduction 
• Domestic Transactions including Reverse Charge 
• International Transactions including Reverse Charge 
• Case Studies / Analysis of Advance Rulings 

3. Place of Supply - 4.12%

• Supplies in Territorial Waters 
• Detailed discussion on Place of Supply Provisions 
• Place of Supply- OIDAR Services 
• Case Studies and Illustrations on Place of Supply 

4. Valuation (Advanced) - 4.12%

• Introduction 
• Related Party Transactions 
• Distinct Person Transactions 
• Specific Valuation Rules 
• Case Studies and Illustrations on Valuation 
• Key Advance Rulings 

5. Input Tax Credit (Advanced) - 4.12%

• Introduction 
• Specific Provisions on Input Tax Credit 
• Case Studies and Illustrations on Input Tax Credit including Job Work, Input Service Distributor 

6. Zero Rated Supplies and Deemed Exports - 4.12%

7. TDS & TCS under GST - 4.12%-

8. E-way Bill - 4.12%

9. GST Refunds - Invert- 4.12%

10. GST Returns - 4.12%

• Introduction 
• Specific Provisions - Monthly Returns, Matching, Reversal and Reclaim of Input Tax Credit 
• Annual Return, Final Return 
• Penal Provisions for Return Filing 

11. Accounts and Records - 4.12%

12. GST Annual Return and GST Audit Return

• Key Points for GST Annual Return and GST Audit 
• Approach for GST Audit- Audit Plan, Checklists, Methodology, Management Representations, Reconciliations 
• Case Studies and Illustrations 

13. Transition to GST (Transitional Provisions) - 4.12%

14. Dispute Resolution Mechanism under GST - 4.12%

• Demands 
• Assessment and Appeals 
• Advance Ruling 
• Offenses and Penalties 

15. Inspection, Search, Seizure, Arrest, and Prosecution - 4.12%

16. Anti-profiteering - 4.12%

• Provisions 
• Key Rulings 

17. Walkthrough of GSTN Portal - 4.12%

SECTION B: CUSTOMS ACT AND RULES [30%]

18. Valuation and Related Party Transactions - 3%

• Valuation of Imported and Exported Goods 

19. Customs Procedures - Baggage & Courier / Post - 3%

• Provision regarding Baggage 

20. Manufacture in Bond - 3%

21. Duty Drawback - 3%

22. Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 - 3%

23. Remission of Duties - 3%

24. Refund - 3%

25. Trade Facilitation Measures - 3%

26. Export Promotion Schemes under Foreign Trade Policy - 3%

• Merchandise Exports from India Scheme (MEIS) 
• Service Exports from India Scheme (SEIS) 
• Advance Authorization Scheme 
• Duty-Free Import Authorization (DFIA) Scheme 
• Export Promotion Capital Goods Scheme (EPCG) 
• New Scheme: RODTEP 
• EOU, EHTP, STP & BTP Schemes 
• Deemed Exports 

27. Special Economic Zone Scheme (with Amended SEZ Rules) - 3%