Wednesday 15 March 2017

Indirect Tax Amendments for IPCC May 2017

The Taxation paper of IPCC comprises of two parts - direct tax and indirect tax. Both sections are of 50 marks. However, there is no segregation in their questions. This means that the question paper contains mixed questions from both DT and IDT.

There have been some amendments in Indirect Taxation for CA IPCC. The latest amendments are asked by ICAI in every attempt. For a subject like Tax it is important to be updated with the relevant amendments.

In one of my previous post, I provided Direct Tax Amendment Notes for IPCC May 2017. Be sure to check that link out too.

In this post, I am giving you the notes on IDT Amendments applicable for May 2017 attempt. These notes have been compiled by CA. Vinesh R. Savla. He has covered the supplementary paper by ICAI and the latest RTP in the PDF file.

The broad index of the topics are as follows:
  1. Basic Concepts of Indirect Taxes
  2. Basic Concepts of Service Tax
  3. Point of Taxation
  4. Valuation of Taxable Service
  5. Exemptions and Abatements
  6. Service Tax Procedures
  7. CENVAT Credit
To download the notes, please click on the link dropped down below:


I hope that you can easily cover the amended portion using the above provided file. Please share this post with as many of your friends as possible.