CA Final Group II : Indirect Taxes - November 2007

CA Final - Group IIIndirect Taxes • November 2007
This Paper has 53 answerable questions with 0 answered.
Roll No……………
Total No. of Questions — 9][Total No. of Printed Pages — 4
Time Allowed : 3 HoursMaximum Marks : 100
Answers to questions are to be given only in English except in the cases of candidates who have opted for Hindi medium. If a candidate who has not opted for Hindi medium, answers in Hindi, his answers in Hindi will not be valued.
Question Nos. 1,6 and 9 are compulsory. In addition thereto, answer any two questions from Part "A" and any one question from Part "B".
Marks
PART—A
1.(a)2x2=4 (0)
 (b)4 (0)
 (c)Discuss the validity or otherwise of the following statements with brief reasons:2x3=6 
  (i)   (0)
  (ii)   (0)
 (d)Answer briefly in the context of refund of CENVAT credit under rule 5 of the CENVAT Credit Rules, 2004, the following:3+3 
  (i)   (0)
  (ii)   (0)
2.(a)5 (0)
 (b)With reference to the CENVAT Credit Rules, 2004, discuss briefly whether the following statements are correct or not:3x2=6 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
 (c)Briefly answer with reference to the provisions of the Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000 whether in the following cases any notional interest on the advance received is includible in the value for purpose of assessment:2x2=4 
  (i)   (0)
  (ii)   (0)
3.(a)4 (0)
 (b)Answer briefly with reference to rule 21 of the Central Excise Rules, 2002 (regarding remission of duty and destruction of goods) the following:2x2=4 
  (i)   (0)
  (ii)   (0)
 (c)4 (0)
 (d)3 (0)
4.(a)5 (0)
 (b)4 (0)
 (c)Write a brief note on the following with reference to the Central Excise Act, 1944 and the rules made thereunder:3x2=6 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
5.(a)4 (0)
 (b)4 (0)
 (c)4 (0)
 (d)3 (0)
PART—B
6.(a)Explain briefly with reference to the provisions of the Customs Act, 1962 any two of the following:2x2=4 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
 (b)4 (0)
 (c)Examine the validity of the following statements with reference to the Customs Act, 1962 giving brief reasons. (Answer any three):3x2=6 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
 (d)(i)2x2=4 (0)
  (ii)   (0)
7.(a)5 (0)
 (b)4 (0)
 (c)In the context of section 65 of the Customs Act, 1962 dealing with waster or refuse arising during the manufacturing operations or other processes done in the warehouse:3 
  (i)   (0)
  (ii)   (0)
8.(a)5 (0)
 (b)5 (0)
 (c)5 (0)
PART—C
9.(a)Service Tax (Determination of Value) Rules, 2006 (Valuation Rules) and Taxation of Services (Provided from Outside India and Received in India) Rules, 2006 (Import Rules) came into force from 19.4.2006.
Answer the following with reference to the said Rules:
3x2=6 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
 (b)Answer the following with reference to the Finance Act, 1994 and the rules made thereunder relating to service tax:3x1=3 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
 (c)Answer any three of the following with reference to the Finance Act, 1994 as amended relating to applicability of service tax:3x2=6 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)