CA Final Indirect Tax Laws Amendments for May 2018
Applicability of provisions of indirect tax laws for May, 2018 Examination
The following are applicable for May, 2018 examination:
(i) The provisions of CGST Act, 2017 and IGST Act, 2017, including significant circulars and notifications issued and other legislative amendments made up to 31st October, 2017.
(ii) The provisions of the Customs Act, 1962, as amended by the Finance Act, 2017, including significant notifications and circulars issued and other legislative amendments made up to 31st October, 2017.
The Study Guidelines containing the list of topic-wise exclusions from the syllabus is attached as Annexure I.
List of topic-wise exclusions from the syllabus
Rates specified for computing the amount payable under composition levy are included in the syllabus.
(1) In the above table, in respect of the topics of the syllabus specified in column (2) the related exclusion is given in column (3). Where an exclusion has been so specified in any topic of the syllabus, the provisions corresponding to such exclusions, covered in other topic(s) forming part of the syllabus, shall also be excluded.
(2) August 2017 edition of the Study Material is relevant for May, 2018 and November, 2018 examinations. The amendments - made after the issuance of this Study Material - to the extent covered in the Statutory Updates for May, 2018 and November, 2018 examinations alone shall be relevant for the said examinations. The Statutory Updates shall be hosted on the BoS Knowledge Portal.
(3) Except the exclusions mentioned at point (ii) under topic no. 1(ii) of the syllabus and points (i) to (v) and (vii) under topic number 1(vii) of the syllabus, the entire content included in the August 2017 edition of the Study Material and the Statutory Updates for May, 2018 and November, 2018 examinations shall be relevant for the said examinations.