Paper 18

Paper 18

Paper 18 : Indirect Tax Laws & Practice (ITP)


To gain expert knowledge about the indirect tax laws in force and the relevant rules and principles emerging from leading cases, to provide an insight into practical aspects and apply the provisions of laws to various situations and to understand the various external auditing requirements under tax laws.

Learning Aims

The syllabus aims to test the student’s ability to:

  • Tax planning and management under Indirect Taxes
  • Explain case laws governing core provisions of the relevant Acts
  • Explain foreign trade policy related issues
  • Explain powers of various assessing authorities

Section A : Advanced Indirect Tax and Practice

  • Goods and Services Tax Act & Rules 50%
  • Customs law 20%
  • Foreign Trade Policy 10%

Section B : Tax Practice and Procedures

  • Case Study Analysis 20%