CHARTMASTER’s

ABC Analysis &

Important Q & A list

on

INDIRECT TAX LAWS

(Applicable for CA CS CMA Final May/June 23 attempt)

CA RAMESH SONI

www.rameshsoni.com

Ramesh Soni Classes | Bangalore | 9353619482 | 7483378296

 GST
Sl Grade Important Sections/ areas to Question No
Particulars
No. remember/ Focus (Version 9)
C  Taxes subsumed & not subsumed 2, 3, 10, 12, 14, 15, 16,
GST:
 Cross Empowerment 19, 20
Introduction,
1.  Taxes on Various goods & services
Overview &
 Article 246A, 269A, 279A
Administration
 GSTN & Its functions
A  Section 7(1)(c) 3, 6, 8,15, 19, 20, 23,
 Section 7(2)(a) & (b) 29, 30, 32, 34
 Section 8: Composite & Mixed
2. Supply Supply
 Circular on PSLC
 Amendments (Check amendment
booklet)
C  Section 16 1
 Definition of Export of Service
3. Nature of Supply
 Circular on short term
accommodation services to SEZ
A  Section 9(3), 9(5) 3, 6, 7, 9, 13, 14, 16,17
4. Charge of GST  Section 5(3)
 Amendments in Section 9(3)
B  Section 10(1): Eligibility 1, 3, 5, 6, 7, 9, 10, 13,
 10(2): Ineligibility 15, 16
5. Composition levy
 10(2A)
 Amendment
A  Computation of ATO 3, 5, 7, 8, 11, 13, 15, 1,
 Section 22, 23, 24 18, 25, 26
 Section 25(1) read with Rule 10:
Registration Effective date
 Rule 10B
 Section 25(6B) (6C) (6D)
6. Registration
 Section 28 – Core field
amendment
 Rule 21A- Suspension
 Section 29(1) & (2) read with rule
21
 Cover amendments properly
A  Charitable & religious activities 1, 5, 6, 10, 14, 15, 19,
 Government services 22, 25, 28
 Transportation services
 Agriculture related services
Exemptions from
7.  Healthcare services
GST
 Education related services
 Miscellaneous Exemptions (in
chart book-only amendments)
 Cover all the amendments
A+  VOS – Computation – Section 5, 13, 14, 15, 21, 22,
15(1)(2)(3) 23, 26, 27, 30, 32, 34,
 Rule 27, Rule 28, 29 36, 44, 45
8. Value of Supply  Rule 32(2) (3) (4) (5)
 Rule 33
 Circular on EMI, Discounts & Del-
credere agent
Sl Grade Important Sections/ areas to Question No
Particulars
No. remember/ Focus (Version 9)
B  Section 31 - complete, 2, 5, 10, 13, 15, 16, 20,
Tax Invoice,
 Section 34-Credit note, 25
9. Credit and Debit
 E-Invoice & Dynamic QR code
Notes
applicability
C  Section 35(1) 1, 2, 9, 10, 11, 18
 Records composition dealer need
not maintain?
Accounts and  Records to be maintained by -
10.
Records Transporter & Owner operator of
warehouse
 Records to be maintained by
Agent
C  Rule 138(1) – When is EWB 5, 13, 14, 18, 16
required? Consequence of Non
Issuance of E-way Bill
 Computation of Consignment
11. E-way bill value
 E-way Bill Validity
 When is E-way Bill not required?
 Rule 138E: Blocking & Unblocking
of E- way Bill
B  Section 12(2), 12(3) 5, 6, 13, 15, 23, 34, 36,
12. Time of Supply  Section 13(2), 13(3) 40, 41, 42
 Section 14 – rate change
A++  Section 16 read with rule 36 & 37 1, 5, 8, 10, 13, 18, 21,
 Rule 42 & 43 33, 34, 36, 39, 44, 47,
 Section 17 (5)-Blocked Credit 48
13. Input Tax Credit  Section 18(1), (3), (6)
 I will recommend covering this
chapter completely (including
amendments)
B  Quick revision through Chart 9, 12, 15, 16, 17
14. Job work
book/ YouTube Revisionary
Input service B  Quick revision through Chart 1, 6
15.
distributor book/ YouTube Revisionary
A+  Sec 50 & rule 88B: Interest on 5, 10, 12, 13, 14
delayed payment (Very
important)
16. Payment of Tax  Rule 86A & Rule 86B
 Rule 88A: Manner of Utilisation of
credit (set off of credit)
 Amendments (must do)
B  Quick revision through Chart book 4, 5, 6, 7, 17
17. TDS and TCS
/YouTube Revisionary
B  Quick revision through Chart Book 3, 5, 6, 13, 14, 22, 23
/YouTube Revisionary
18. Returns
 Amendments to be covered
properly
C  Quick revision/YouTube 1, 3, 16, 18
19. Advance Ruling
Revisionary
20. Assessment B  Section 60, 62, 63, 64 3, 4, 8, 10
Sl Grade Important Sections/ areas to Question No
Particulars
No. remember/ Focus (Version 9)
C  Quick revision/YouTube 1, 7
21. Audit
Revisionary
Inspection, C  Quick revision/YouTube 1, 6, 7, 8, 10, 14
22. Search, Seizure & Revisionary
Arrest
B  Time limits for SCN & DO u/s 73 & 1, 2, 5, 8, 15, 16, 19,
74 21, 22, 23, 31, 32
Demands and  Section 75, 76, 77 (must do)
23.
Recovery  Section 79 - Modes of recovery.
 Section 83: Provisional
attachment
B  Time limit for filing Appeals 1, 2, 4, 9, 10, 11, 12,
 Computation of Pre-deposit 13, 15, 18/19, 21, 22,
amount. 24
 Pre-deposit against order u/s
Appeals and 129(3): 25% of the penalty.
24.
Revision  Sec 121: Non-Appealable orders
 Either Demand & Recovery or
from Appeals & Revision, Question
will come (don’t leave this 2
chapters)
C  Quick revision/YouTube 9, 10, 11
Liability to Pay in
25. Revisionary
Certain Cases
 Please do: Sec 87, 88, 89, 90, 93.
A • Section 122(1) (1A) & (3), 1, 2, 6, 10, 12, 13, 18,
• Section 125, 126 19, 24
Offences and
26. • Section 129, 130 (very important)
Penalties
• Section 132, 138.
• Must cover amendments
A • Quick revision/YouTube 2, 12, 20, 25, 27, 29,
27. Place of Supply
Revisionary 35, 36, 37
C • OIDAR Provisions 3, 4
Import under
28. • High Seas sale
GST
• Bond to Bond transfer
B • Section 147 – Deemed Exports 6, 7
• Rule 96: withholding & release of
29. Export under GST
refund
• Rule 96B – Recovery of refund
A+ • Please revise the complete 3, 8, 9
chapter through chart/YouTube
revisionary
30. Refunds • Formula for Calculation of
maximum refund u/s 54(3) rule
89(4) & (5).
• All amendments must do.
Miscellaneous C • Quick revision/YouTube 1, 7, 8, 12
31.
Provisions Revisionary
Computation of A+ Must Practice by writing 1, 4, 13, 14, 15, 16, 17,
32. GST liability (Big 18
Questions)
 Customs & FTP
Grade Important Sections/areas to Question No
Sl No. Particulars
remember
B • Sec 13: No duty liability if goods 7, 10, 11, 14, 16,
pilfered 19, 21, 25, 27,
Levy and • Sec 20: Re-importation r/w 30, 31, 32
1. Exemption from notification no 45/2017
Custom duty • Sec 22: Abatement of duty
• Sec 23: Remission of duty
• Case laws
B • Import & Export Procedure (Glance) 2, 3, 4, 7, 8, 10,
• Deferred Payment of Duty (Clear 12, 15
Importation, now pay later)
Exportation and • Section 46: Filing of Bill of Entry:
2.
Transportation of Time limit to present BOE changed.
goods • Specified deposits exempted from
provisions of electronic cash ledger
[Section 51A]
Classification of B • General rules of Interpretation: Rule 8, 9, 10, 13, 14,
3.
Goods 2, Rule 3, Rule 5 & Project imports 16
A+ • Import Valuation - Determination of 7, 8, 18, 24, 30,
Assessable Value & CD 33, 43, 50, 57,
Valuation under
4. • Valuation rules – Rule 4, 5, 8 59, 66, 67, 75,
Customs
• Quickly recall: Relevant date for Rate 79, 80
of duty & Rate of exchange.
A • Section 8B – Safeguard Measures 2, 9, 12, 14, 15,
5. Types of Duties • Section 9A: Anti-dumping duty 17, 20
• 3(7), 3(8A) - Bond to Bond transfer
Baggage, A • Computation of duty on baggage 1, 2, 5, 10, 18,
6. Post or Courier & (important) 20
Stores
Assessment and C • Provisional Assessment & interest in 1, 2, 4, 6,12
7.
Audit case of provisional assessment
A • Section 74 & Section 75 2, 3, 7, 9, 14,
8. Duty Drawback • Section 75A: Interest on DBK 18, 23, 24, 31,
35, 37, 38
C • Quickly revise from YouTube 5, 9, 10, 11, 14,
9. Refund
revisionary 16, 17
Customs (Import A+ • Quickly revise from YouTube 1
of Goods at revisionary
Concessional Rate • Important for exam - cover
10.
of Duty or for completely
Specified End
Use) Rules, 2022
A • Quickly revise from YouTube 1, 2, 10, 13
11. Warehousing
revisionary.
A  Advance Authorisation 6, 15, 16, 20, 21,
 Similarities & difference between AA 22, 32
& DFIA
Foreign Trade
12.  Status holder
Policy
 RODTEP Scheme
 EPCG Scheme
 MEIS
Link for Chapter-wise YouTube Revisionary (includes GST + Customs + FTP)

Hindi: https://www.youtube.com/playlist?list=PLTa3hBcErFfy9I6HTM_XtVyCuD_RQQit6

English: https://www.youtube.com/playlist?list=PL6DyI2GjqVsulApEO4gU7IO1D7dsiklm3

Link for YouTube Amendment video

Hindi: https://www.youtube.com/playlist?list=PLTa3hBcErFfzyeYgBFcR4C4DRwnx2vnum

English: https://www.youtube.com/playlist?list=PL6DyI2GjqVssMWCWLpdv4gxJ_SOLEDc1t

Link for downloading amendment notes

https://rameshsoni.com/free-resources/ Go to CA Final May 23 folder _ Statutory updates for

may June 23

Important Note:
1. Must solve May 23 & Nov 22 RTP
2. Must cover all amendment for May 23 & Nov 22

Very Important notes (for Exam)

 Provide proper working notes & Assumptions for answers.
 In Case-study MCQs read the questions first and then start reading the case study.
 If you remember section number very good, if you don’t then just don’t bother trying to remember
now. Writing a correct section will make your answer impressive but quoting a wrong section can make
you lose marks, so never do that.
 Circular & Notification number don’t try to remember, Just use the words “As per the latest circular
issued/as per the notification issued by CBIC”.
 For MCQs you can download the “Ramesh Soni classes” mobile app and solve MCQs, the course is priced
at just Re. 1. Its like playing game. Whenever you are tired of studying, play this game.

All the Best Guys, Lets Rock It!!