CA FINAL NOV’24 – INDIRECT TAX LAWS

ABC ANALYSIS & IMPORTANT TOPICS BY CA AKSHANSH GARG

GOODS AND SERVICES TAX (GST)

Chapter Topics
Supply • Schedule I (Especially Para 3 & 4),
• Schedule III,
• Section 8 (Composite & Mixed Supply),
• Clarification on donation,
• Printing contract, Liquidated Damages,
• Taxability of Cost Petroleum, Del-credere agent (DCA),
• Personal & Corporate Guarantee, Definition of Family.
RCM (Charge) • Goods Transport Agency (GTA),
• Renting of Motor Vehicle,
• Sponsorship Services,
• Renting of Property,
• Security Services,
• Direct Selling Agent,
• Services by Government,
• Legal Services.
Exemptions from GST • Health care services,
• Educational services,
• Renting of Residential Dwelling,
• Exempt supply in GTA,
• Performance by an Artist,
• Services by Government,
• Miscellaneous services like
▪ Life Micro Insurance,
▪ Goods & services provided to Government in
which goods are charged up to 25%,
▪ Pure Labour contract.
Place of Supply (POS) • Sec 10(1)(b) – Supply involving movement of goods
where goods are delivered to recipient on
the instruction of Third person – ‘Bill to
Ship to’ supply,
• Sec 10(1)(ca) – Supply of goods to a person other than a
registered person,
• Sec 12(3) – Services in relation to an immovable,
property or lodging accommodation in a
hotel/boat/vessel etc.,
• Sec 12(6) – Services by way of Admission to events/
amusement park/other places,
• Sec 12(7) – Organisation of events,
• Sec 12(11) – Telecommunication service,
• Sec 13(3) – Performance based services,
• Sec 13(8) – Banking and Financial services,
intermediary services and hiring of means of
transport,
• Goods Transportation in case of Sec 12 & 13.
Time of Supply (TOS) • Change in Rate of Tax,
• Advance received in case of Goods/Services,

Page | 1 CA Akshansh Garg

 • TOS of Service under Forward Charge.
Value of Supply (VOS) • Post supply discount,
• Rule 28 – VOS of goods or services or both between
distinct or related persons, other than through an
agent,
• Rule 29 – VOS of goods made or received through an
Agent,
• Rule 31B – VOS in case of lottery, betting, gambling &
horse racing
• Rule 31C – VOS in case of Online Gaming including
online money gaming
• Rule 32 –
▪ Purchase or sale of foreign currency (Money
changing business),
▪ Life Insurance business.
Input Tax Credit (ITC) • Rule 37 & 37A,
• Sec 17(5) – Blocked credit,
• Rule 42 & 43,
• Input service Distributor (ISD),
• Exempt turnover & Total turnover Definition,
• Change in usage of Capital goods.
Registration • Aggregate turnover calculation,
• Sec 23 – Persons not liable for Registration,
• Sec 24 – Compulsory Registration under certain cases,
• E-Commerce Operator (ECO),
• Cancellation of Registration,
• Persons exempt from Aadhaar Authentication.
Tax Invoice • Revised Tax Invoice,
• HSN Code Limit,
• Cases where E-invoice/Dynamic QR Code is not
applicable,
• Clarification in respect of applicability of Dynamic QR
Code.
Demand & Recovery • Cases when PO can issue demand notice,
• Penalty under Sec 73 & 74,
• Time limit of issue of Show cause notice,
• Interest in case of Self-assessed tax Liability,
• Sec 79 – Recovery of Tax,
• Sec 81 – Transfer of property to be void in certain cases.
Assessment & Audit • Interest in case of Provisional assessment,
• Sec 61 – Scrutiny of Returns,
• Sec 64 – Summary Assessment in certain special cases,
• Sec 65 – Audit by Tax Authorities,
• Sec 66 – Special Audit,
• Withdrawal of Assessment Order in case of Sec 62 & 64.
Inspection, Search & • When inspection can be carried out by PO,
Seizure • Safeguards provided for in respect of Search & Seizure,
[only QB is not sufficient • Guidelines for Arrest,
for this chap] • Precautions while issuing Summon,
• Sec 71 – Access to Business Premises.

Page | 2 CA Akshansh Garg

 Appeals & Revisions • Time limit for appeal filing to Appellate Authority/
Appellate Tribunal/ High Court,
• Pre-deposit for Appellate Authority/ Appellate Tribunal,
• POS matter in Appellate Tribunal (Principal Bench),
• Sec 108 – Powers of Revisionary Authority,
• Sec 121 – Non-Appealable Decisions & Orders,
• Production of additional evidences before Appellate
Authority/ Appellate Tribunal.
Offences & Penalties Penalty amount of:
• Sec 122, Sec 126, Sec 129,
• Sec 130, Sec 132, Sec 138.
Advance Ruling • Objectives,
• Questions for which Advance Ruling can be taken,
• Fees of Authority for Advance Ruling (AAR) &
Appellate Authority for Advance Ruling (AAAR).
Payment of Tax, • Sec 50 – Interest on delayed payment of tax,
TDS/TCS • Cases where TDS is not required to be deducted,
• TCS, Clarification of TCS in case of multiple ECO.
Liability to pay tax • Sec 87 – Liability to pay in case of an
Amalgamation/Merger of companies,
• Sec 90 – Liability of Partners of Firm to pay tax.
Refund under GST • Relevant date in different cases,
• Rule 89(4), Rule 89(5),
• Exceptions of unjust enrichment.
Returns • QRMP scheme,
• Persons not required to file GSTR-1,
• Late Fees for Delay in filing returns (Asked in MCQs)
E-way Bill • Cases where compulsory E-way bill is required,
• Consolidated E-way bill, Validity of E-way bill,
• Cases where E-way bill is not required,
• Period of retention of accounts.
Job Work Do Question Bank.
Miscellaneous Provisions • Sec 169 – Service of Notice in certain circumstances,
• Sec 171 – Anti-Profiteering Measure.

CUSTOMS
Levy & Exemption • Sec 13 – Duty on Pilfered goods,
• Sec 20 – Re-importation of goods into India,
• Sec 22 – Abatement of duty on Damaged/ Deteriorated
goods,
• Sec 23 – Remission & Relinquishment of duty
Types of Duty • Safeguard Duty,
• Anti-dumping Duty.
Valuation Questions Practice.
Baggage Questions Practice.
Warehousing • Warehousing Bond,
• Warehousing Period,
• Sec 64 – Owner’s right to deal with Warehoused goods,
• Sec 71 – Improper Removal of Goods from Warehouse.
Refund Questions Practice.

Page | 3 CA Akshansh Garg