Indirect Tax Laws (4th edition) is a comprehensive book explaining concepts, theories, problems and solutions of Excise Laws, Custom Laws, CST, Service Tax, Cenvat Credit Rules and Value Added Tax (VAT) in a lucid and informative manner. It has been developed exclusively for the students of CA Intermediate – IPC (New Course). Besides this, the book aims for arriving at conceptual clarity through clear and simple language. This book contains the interpretations of sections, rules and provisions including recent case laws. A set of previous year questions from CA papers along with conceptual questions makes this book a self-study guide for the students. This is the latest and most updated book for May and November, 2016 examinations.
1. Basic Concepts of Indirect Taxes
2. Excise Duty – Basic Concepts
2.1 Excise Duty – Basic Concepts
2.2 Classification and Valuation of Excisable Goods
2.3 Small Scale Industry Exemption (SSI) and Compliances under Central Excise.
3. Custom Duty – Basic Concepts
3.1 Custom Duty – Basic Concepts
3.2 Classification & Valuation of Imported/Export Goods
3.3 Types of Duties
3.4 Import and Export Procedures
4. Central Sales Tax Act, 1956
Computation of CST Liability
Exemptions and Abatements
Problems and Solutions
5. Service Tax
5.1 Basics, History and Administration of Service Tax
5.2 Meaning, Extent and Charge of Service Tax
5.3 Valuation of Taxable Services
5.4 Point of Taxation Rules 2011
5.5 Payment of Service Tax
5.6 Returns of Service Tax
5.7 Registration [Section 69 of Finance Act, 1994 and Rule 4 of Service Tax Rules, 1994].
5.8 Exemptions, Abatements and Misc Provision
Appendix: Union Budget 2014: Changes in Service Tax
6. Cenvat Credit
7.1 Value Added Tax – Meaning and Concepts
7.2 Input Tax Credit and Composition Scheme for Small Dealers
7.3 Procedural Aspects of VAT
7.4 VAT on Special Transactions
Appendix: Value Added Tax (VAT) – Solved Questions
About The Author
Arvind Dubey, an Fellow Member of the Institute of Chartered Accountants of India. He is a graduate in Commerce from Shree Vankateswara College, University of Delhi. He has been a rank holder throughout his CA Examinations. He has achieved distinction in papers of Taxation, Law and Audit in CA Intermediate Examination and has also obtained distinction in Direct tax and Indirect Tax in CA Final Examinations. Having completed his Chartered Accountancy Course at an early age of 21 years and thereafter associated with one of the premier law firms in the world. His core areas of practice are Corporate Taxation, Tax Litigation and International Taxation. He has been teaching Tax Laws to the students of various levels for past 10 years. Students have always appreciated his insights and teaching methods and have regarded him as a great motivator.