ca,icwa,cs,acca,cima,cpa,icma,professional,accounting

Indirect Taxes

ca,icwa,cs,acca,cima,cpa,icma,professional,accounting
CA Final : Group II :: Paper 8: [One paper: Three hours - 100 marks]

Level of Knowledge : Expert knowledge.

Objectives . . .

  1. To gain expert knowledge of the principles of the indirect tax laws and the relevant rules and principles emerging from leading cases.

  2. To acquire the ability to apply the knowledge of the provisions of laws to various situations in actual practice.

Contents . . .

I. Central Excise Act, 1944 and the related Rules, Central Excise Tariff Act, 1985

  1. Nature of excise duty, legislative history, coverage; levy and collection of excise duties under the Central Excise Act, 1944; legal effects of Notifications, Tariff Advises, Trade Notices.

  2. Provisions governing manufacture and removal of excisable goods.
    Valuation under the Central Excise Act, 1944, Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000.

  3. Classification of goods under Central Excise Tariff Act, 1985, with reference to Rules of Interpretation.

  4. Assessment including provisional assessment, self-removal procedure, payment of duty, and rate of duty. Record-based control and production-based control.
  5. Demands and Refunds

  6. Registration procedures.

  7. Procedure relating to storage of excisable goods, time and manner of payment of duty and other matters relating to removal of goods.

  8. Maintenance of records, registers, and filing of returns.

  9. Remission of duty on goods used for special industrial purposes.

  10. Procedure for exports, duty draw back.

  11. Provisions relating to CENVAT.

  12. Departmental organisational set-up; adjudication and appellate procedures-Customs, Excise and Gold (Control) Ap-pellate Tribunal, Settlement Commission, Advance Rulings.

  13. Offences and penalties.

  14. Exemptions for small scale industries.

II. Customs Act, 1962, and Customs Tariff Act, 1975

  1. Principles governing levy of customs duty, types of duty including protective duty, safeguard duty, countervailing duty and anti-dumping duty and exemption from customs duties.

  2. Basic principles of classification of goods and valuation of goods.

  3. ca,icwa,cs,cima,icma,acca,cpa,accounting,profession
  4. Customs authorities, appointment of customs ports, warehousing stations.

  5. Provisions governing conveyance, importation and exportation of goods, special provisions regarding baggage, goods imported or exported by post, and stores.

  6. Detailed procedure in relation to transportation and warehousing.

  7. Drawback of customs duties paid.

  8. Prohibition, search and seizure, adjudication, Appellate remedies including Settlement Commission and Advance Rulings, prosecution in court of law and allied miscellaneous matters.

III. Service Tax

Recommended Books


  • ???
    1. Central Excise Law Manual (2 Vols)
  • Taxmann Publications
    1. Indirect Taxes Law and Practice
      • V.S. Datey
  • Centax Publications, New Delhi
    1. Customs Manual
      • R.K. Jam
  • ca,icwa,cs,cima,icma,acca,cpa,accounting,profession
  • C. Sitaraman & Co., Pvt. Ltd.
    1. Indirect Taxes Made Easy
      • Prof. N.S. Govindan

Reference Books


  • Orient Law House, New Delhi.
    1. The Law of Central Excise (Vol I & II)
      • V.J. Taraporevala and SN. Parikh
  • Wadhwa & Co. Nagpur
    1. Guide to Central Excise and Modvat Procedures
      • Arvind P. Datar
  • Law Publishers Pvt. Ltd. Allahabad
    1. Commentaries on Customs Act
      • T.P. Mukherjee
  • Snowwhite Publications Ltd., Mumbai
    1. Modvat Manual
      • T Gunashekaran

Other Relevant Books



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