Once started with CA Foundation, then Clearing the CA Intermediate and after finally completing the 2.5 years of articleship training, congratulations to all the students who are going to appear in the CA final Examination. CA Final is the last gateway of the Chartered Accountancy course in India. Like the Intermediate course CA Final is also divided into 2 groups of 3 subjects each. ICAI conducts the CA Final Examination every year in May and Nov. All the Papers of the CA Final are important. But here today we are going to talk about CA Final Paper 5 CA Final Indirect tax (IDT). It is one of the lucrative subjects where you can score good marks in the examination.
Check out all the details of the CA Final registration form and procedure fees for the May 2024 attempt. The institute has also released the CA Final exam dates for May 2024 Examinations.
But before reexamining the CA Final IDT, let’s have a look at all CA Final Subjects.
- P1- Financial Reporting
- P2- Advanced Financial Management
- P3- Advanced Auditing, Assurance and Professional Ethics
- P4- Direct Tax Laws & International Taxation
- P5- Indirect Tax Laws
- P6- Integrated Business Solutions (Multidisciplinary Case Study with Strategic Management)
- Section A: Corporate and Economic Laws
- Section B: Strategic Cost & Performance Management
Importance of the CA Final Indirect Tax
ICAI CA Final Paper 5, according to the new syllabus, is the CA Final Indirect Tax Law. The Paper is divided into 3 parts.
- Central Excise
- GST
- Service Tax
CA Final Indirect tax helps the students understand and get the whole CA Final Direct Tax approach. CA Final Direct Tax plays a significant role in understanding the whole concept of Central Excise, GST and Service Tax. It also covers all the fundamentals of Financial Instrument. If you have prepared well for the CA Final IDT then you can easily score good marks. Students who are thoroughly going through the CA Final Indirect Tax Revision you can check all the below points.
Also, Check Complete CA Course Guide
CA Final Indirect Tax ( IDT ) Paper Pattern 2024
Check out the latest CA final paper pattern 2024 Examination.
| CA Final IDT Paper Pattern | Subjective Type |
| Total Exam Duration | 3 Hours |
| Maximum marks in the examination | 100 Marks GST ( 75 Marks )Customs and FTP ( 25 Marks ) |
| No. of question asked | 6 Question ( You have to answer any 5) |
| Assessment Pattern Ratio | 30:70 |
CA Final Indirect Tax (IDT) Marks Weightage 2024
It is important for the students that they should know the CA Final IDT Weightage. It is necessary for the students to have an idea of the CA Final marks weightage. At the time of preparation of the CA Final Indirect tax Study plan you can distribute your timings according to it.
Part 1 GST
| Sections | GST | Weightage |
| Section 1 | Chapter 1:(ii) Levy and collection of CGST and IGST – Application of CGST/IGST law; Concept of supply including composite and mixed supplies, inter-State supply, intra-State supply, supplies in territorial waters; Charge of tax (includingreverse charge); Exemption from tax; Composition levy. (iii) Place of supply(iv) Time and value of supply(v) Input tax credit(vi) Computation of GST liability | 45% to 65% |
| Section 2 | (vii) Procedures under GST including registration, tax invoice, credit and debit notes, electronic waybill, accounts and records, returns, payment of tax including tax deduction at source and tax collection at source, refund, jobwork. (viii) Liability to pay in certain case | 10% to 30% |
| Section 3 | (xi) Demand and Recovery(xii) Offences and Penalties(xiii) Advance Ruling(xiv) Appeals and Revision | 10% 25% |
| Section 4 | Introduction to GST in India including Constitutional aspects (ix) Administration of GST; Assessment and Audit(x) Inspection, Search, Seizure, and Arrest(xv) Other provisions | 5% to 10% |
Part 2- Customs and FTP
| Sections | Customs and FTP | Weightage |
| Section 1 | Levy of and exemptions from customs duties – All provisions including the application of customs law, taxable the event, a charge of customs duty, exceptions to levy of customs duty, exemption from customs duty (iii) Types of customs duties(iv) Classification of imported and export goods(iv) Valuation of imported and export goods | 40% to 65% |
| Section 2 | 1(vi) Import and Export Procedures including special procedures relating to baggage, goods imported orexported by post, stores(ix) Drawback(x) RefundForeign Trade Policy(ii) Basic concepts relating to export promotion schemes provided under FTP | 20% to 45% |
| Section 3 | Introduction to customs law including Constitutional aspects Foreign Trade Policy Introduction to FTP – legislation governing FTP, salient features of an FTP, administration of FTP, contents of FTP and other related provisions 2(i) Basic concepts relating to import and export | 10% to 20% |
CA Final Indirect Tax (IDT) Syllabus 2024
ICAI keeps on doing the modification in the CA Final Syllabus. Students should know their CA Foundation IDT Syllabus on the tips.It contains all the important topics. Below we have mentioned the CA Final IDT New Syllabus and Old Syllabus. You can easily download the CA Final Indirect tax syllabus from the official website of ICAI.
Download CA Final Indirect Tax New Syllabus 2024 (PDF)
CA Final Indirect Tax (IDT) Study Material 2024
CA Final Indirect Tax Study Material contains all in depth information about the topics and chapters which are going to appear in the Examination. Appearing students are advised to prepare from the CA Final Study material. ICAI provides the Best CA Final IDT Study material and practice manual. . Students will not need any other reference books to prepare themselves for the examination. Students who are doing the self-study, the study material is literally gold for them.
Also Read: How following these CA Final self Study tips help me to crack the CA Final Examination.
Click on the below links to Download the CA Final Study Material of Indirect Tax.
PART I: Goods and Services Tax Study Material
Module 1
- Initial Pages
- Chp 1: GST in India – An Introduction
- Chp 2: Supply under GST
- Chp Charge of GST
- Chp 4: Exemptions from GST
- Chp 5: Place of Supply
- Chp 6: Time of Supply
- Chapter 7: Value of Supply
Module 2
- Initial Pages
- Chp 8: Input Tax Credit
- Chp 9: Registration
- Chp 10: Tax Invoice, Credit and Debit Notes
- Chp 11: Accounts and Records; E-way Bill
- Chp 12: Payment of Tax
- Chp 13: Returns
Module 3
- Initial Pages
- Chp 14– Import And Export Under Gst
- Chp 15– Refunds
- Chp 16– Job Work
- Chp 17- Assessment And Audit
- Chp 18- Inspection, Search, Seizure And Arrest
- Chp 19- Demands And Recovery
- Chp 20- Liability to Pay Tax in Certain Cases
- Chp 21- Offences And Penalties
- Chp 22- Appeals And Revisions
- Chp 23- Advance Ruling
- Chp 24- Miscellaneous Provisions
Part II- Custors and FTP
Module – 4
- Initial Pages
- Chp 1: Levy of and Exemptions from Customs Duty
- Chp 2: Types of Duty
- Chp 3: Classification of Imported and Export Goods
- Chp 4: Valuation under the Customs Act, 1962
- Chp 5: Importation, Exportation and Transportation of Goods
- Chp 6: Duty Drawback
- Chp 7: Refund
- Chp 8: Foreign Trade Policy
- Unit I: Introduction to FTP
- Unit II: Basic Concepts relating to Export Promotion Schemes under FTP
In case students who want to practice more and looking for more material those students can prefer choosing reference books and notes. Below we have provided you some of the Best CA Final Indirect Tax (IDT) Books. Students can purchase those books from the market or download the CA Final IDT Books PDF for free from the internet.
CA Final Indirect Tax (IDT) Books 2024
Below are the best CA Final IDT Books. Students who are appearing in the examination use these below DT books for understanding and expanding their knowledge in a particular chapter.
Once you have completed your CA Final Examination preparation you can start solving your CA Final Question Paper for the examination. Solving these CA Final paper with a solution helps the student in increasing performance and scoring good marks in the examination.
- CA Raj Kumar Book
- Yogendra Bangar & Vandana Bangar Book
- Carvinowledge Indirect Tax Laws
CA Final Indirect Tax (IDT) Question Papers 2024
CA Final IDT Question Paper with suggested Answers Old Syllabus 2024.
Below are all the CA Final IDT Previous year Question papers with suggested Answers. Click here to download the Latest PDF.
| CA Final Indirect Tax Question Paper Nov 2019 | Download PDF |
| CA Final Indirect Tax Question Paper May 2019 | Download PDF |
| CA Final Indirect Tax Question Paper Nov 2018 | Download PDF |
| CA Final Indirect Tax Question Paper May 2018 | Download PDF |
CA Final IDT Question Paper with suggested Answers New Syllabus 2024.
From below you can download your ICAI Final IDT Question Paper with suggested New Syllbus in PDF format.
| CA Final Indirect Tax Question Paper Nov 2019 | Download Now |
| CA Final Indirect Tax Question Paper May 2019 | Download Now |
| CA Final Indirect Tax Question Paper Nov 2018 | Download Now |
| CA Final Indirect Tax Question Paper May 2018 | Download Now |
CA Final IDT Mock Test Paper 2024
Every year ICAI release the ICAI Final IDT Mock test Paper. Sovling these CA Final Indirect Tax mock test Paper helps the studnts in making their preparation better for the examiantion. Below we have mentioned the CA Final IBT Mock test Paper PDF Click on the links to download them.
Download the latest CA Final IDT Mock test paper PDF.
Series 1
CA Final IDT Revision Test Paper 2024
Students who are appearing for the examination can solve the CA Final IDT Revision Paper. Solving these Revision paper helps the students to make their preparation strong at the end of their Final IDT Study Plan and helps you to rank CA Final Examination. These revision helps those students who are doing the self study for the examination.
| CA Final IDT Revison test Paper may 2020 | English |
| CA Final IDT Revision Test Paper Nov 2019 | English |
| CA Final IDT Revision Test Paper May 2019 | English |
| CA Final IDT Revision Test Paper Nov 2018 | English |
CA Final Indirect Tax (IDT) Online and Pendrive Classes 2024
Sometime it is not easy for everyone to do the CA Final IDT Self study. Student who are facing any problems in the IDT Subject. They can prefer taking the ICAI Final IDT Online classes and pendrive Classes. These classes help these students in clearing their doubts and queries related. In case your city has the best CA Final Coaching institute with the Best CA Final IDT Faculty you can Choose to take the CA Final Offline Classes.
Commencement of Live Virtual Classes (LVC Batch – 2) under the New Scheme from 15th April 2024 for the students of CA Foundation/Intermediate/Final courses appearing in September/November 2024 Examinations – (10-04-2024)