Paper 11

Paper 11

Paper 11 : Indirect Taxation (lTX) Paper

OBJECTIVES

To provide an in depth study on the various provisions of indirect taxation laws and their impact on business decision-making.

Learning Aims

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

  • Understand the principles underlying the Indirect Taxation Statutes (with reference to Goods and Services Tax Act, Customs Act).
  • Compute the assessable value of transactions related to goods and services for levy and determination of duty liability.
  • Identify and analyse the procedural aspects under different applicable statutes related to indirect taxation.

A Canons of Taxation – Indirect Tax GST 80%

B Customs Laws 20%