Starting with the CA Foundation, trailed by the CA Intermediate course and the CA Final. CA Finals is the last stage of the CA course. It is a primary level to clear to turn into a CA in India. Tests of the CA Final presently are held twice every year, in the month of May and November. Furthermore, the CA Final registration deadline is Jan 1 for the May attempt and July 1 for the Nov attempt. Understudies or up-and-comers can show up for the CA finals in the wake of finishing the Two Half Year article (Internship). As I have referenced in the long stretch of May and November, CA Finals Exams are directed in the two groups of the CA last level, which is partitioned and comprises six papers. In this article, you can give complete details of the CA Final IDT exam pattern, syllabus and study material.
Furthermore, ICAI has released the CA final exam date for the Nov 2024 exams. The Exam dates are 1st, 3rd, and 5th for group 1 and 7th, 9th and 11th for group 2 exam. Along with the Exam date ICAI has also released the CA Final Exam form to know the full details click the link.
It is easy to make sure about a position in the CA Final by simply making legitimate arranging and by following certain systems, for example, tackling Mock Test Papers given by your CA Final Coaching Institutes or by settling test papers that are excessively accessible on the official site of ICAI, or you can likewise surf for model test paper. You need to master some significant and simple subjects like the Indirect Tax Paper.
If you want to achieve some rank, then you need to concentrate hard, and here, this article will furnish you with different tips and deceives, prospectus, mock test arrangement, test paper, weightage, and other fundamental test relatable on the web and supportive staff.
This article will likewise give you the connections to the reexamined CA Final IDT (Indirect Tax) paper 2024. From the subsequent gathering, the DT Paper 2024 is the most significant paper to make sure about a decent position.
Furthermore, ICAI will release the CA Final Admit Card for the November 2024 exam. The article provides the release date and download process. Further, the CA Final exam dates Nov 2024 will be released soon by ICAI.
Understand CA Final Indirect Tax IDT Paper 2024
The CA final course’s Paper 5, according to the new plan course, is the CA Final Indirect Tax Paper. This paper is mainly classified into three main segments:-
- Central Excise It covers Rules, Circulars, and Notifications related to the Central Excise Act of 1944 and the Central Excise Tariff Act of 1985
- Service tax
- GST (10 Marks)
Why should you study CA Final IDT (Indirect Tax) Paper 2024
CA Final Indirect Tax Paper’s prospectus will help an individual comprehend the best approach to build up the model of Indirect Tax and how to deal with the whole tax assessment process. Consequently, the choice of Indirect Taxes and International Taxes turns into a significant point for CA.
Modification would be adequate only a couple of times. It covers fundamentally all the alterations in the Financial Act 2017. Though students fear this subject, when you start revising the chapters continuously, you will feel that it is the easiest subject to score good marks.
Paper Pattern of the CA Final IDT (Indirect Tax) Paper 2024
- Paper Pattern: Subjective
- Total Questions asked: 100
- Total Exam Duration: 3 hours
- Maximum marks got:100 marks
- Total Question Asked: 6 out of which five need to be answered
- Assessment Pattern Ratio: 30:70
The CA Final Indirect Tax IDT Paper 2024 and the Assessment of the Performance Evaluation Skills
While you attempt the Indirect Tax Paper, there are certain guidelines that strictly need to be followed. ICAI has issued a list of verbs that is mandatory to attempt the answers as per the verb illustrations. Below is a complete list of verbs with certain illustrations.
The list of verbs is as follows:
- Recommend—To suggest/ recommend someone or something as a good match for counselling someone.
- Evaluate- To make judgments mostly like results from some degree of analysis. To break down the nutritional pros and cons of dessert options. It is also used in mathematics for standard usage.
- Advice – to provide an opinion or recommendation to offer as a course of action or information.
- Produce – It means to manufacture, create, or cultivate something.
- Prioritize- It means to organize or complete things according to the order of their importance.
- Interpret- It translates, explains or understands the meaning of something.
- Discuss – This is used when discussing something to reach a decision, convince someone of a point of view, or exchange ideas.
- Construct- It is a state or fact of existing. To put the whole being in the part. The ideas or theories contain various conceptual elements.
- Categorize- It is to sort and organize things according to the group or class.
- Analyze- It helps in the study or examination of something carefully in a methodical way.
- Tabulate- to organize the information into a table or charts with rows or columns.
- Solve- to find an answer or explanation or means of effectively dealing with a problem or mystery.
- Reconcile- to restore friendly relations.
- Prepare- to be ready for some activity, purpose, use, or ready yourself for something that you will be doing or something that you expect to happen.
- Demonstrate- to give a practical explanation of how a machine, skill or craft works. To show the clear existence of by giving proof or evidence.
- Calculate- determining the amount or number of something mathematically or intended to have a particular effect.
- Illustrate- to provide a book, newspaper, magazine, etc, with pictures. To serve as an example.
- Identify- establishing or indicating who or what someone or something is or associated with someone or something closely with regards to having strong links.
- Explain- Making an idea or citation clear to someone by describing it in more detail, revealing relevant facts, or giving a reason to justify and cause of or motivating factor.
- Distinguish- it helps to recognize, treat, or manage to discern.
- Describe- Giving a detailed account in words or marking out or drawing something.
- Define- Stating or describing the exact nature, scope, or meaning or marking out the boundaries or limits.
- State- It signifies the particular conditions that someone or something is in at a specific time. Expressing something definitely or clearly in writing or words or speaking.
- List- the list is a number of connected items or names written or printed one below the other.
ICAI will Mark each question through analytical skills, comprehensive knowledge, and reporting efficiency.
- Every question in the CA Final Indirect Tax IDT Paper has 3 or 4 sections to be answered.
Not following the exam answer pattern will lead to low marks and failure in exams. Go through the tips for CA’s final students list to prevent students from failing.
Also, know How to get ranked in the CA Final Examination in 3 Months.
ICAI CA Final Indirect Tax IDT Paper 2024 Weightage: Chapter Wise for New Course
As per their difficulty level practical importance, ICAI has offered weightage to some specific chapters in the CA Final Indirect Tax Paper 2024. It will assist students in planning and preparing for their exams by keeping in mind the weightage of chapters in that particular exam. Below is the finished data of the parts of the CA Indirect Tax Paper 2024.
| Sections | Part I- GST (75 Marks) | Weightage |
|---|---|---|
| Section I | 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 (including reverse charge); Exemption from tax; Composition levy 1 (iii) Place of supply 1 (iv) Time and value of supply 1 (v) Input tax credit 1 (vi) Computation of GST liability | 45%-65% |
| Section II | 1 (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, job work 1 (viii) Liability to pay in certain case | <10%-30% |
| Section III | 1(xi) Demand and Recovery 1(xii) Offences and Penalties 1(xiii) Advance Ruling 1(xiv) Appeals and Revision | 10%-25% |
| Section IV | 1) Introduction to GST in India including Constitutional aspects 1(ix) Administration of GST; Assessment and Audit 1(x) Inspection, Search, Seizure, and Arrest 1(xv) Other provisions | 5% -10% |
| Section | Part II- Customs and FTP (25Marks) | Weightage |
|---|---|---|
| Section I | (ii) 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 1(iii) Types of customs duties 1(iv) Classification of imported and export goods 1(iv) Valuation of imported and export goods | 40% -65% |
| Section II | 1(vi) Import and Export Procedures including special procedures relating to baggage, goods imported or exported by post, stores 1(ix) Drawback 1(x) Refund Foreign Trade Policy 2(ii) Basic concepts relating to export promotion schemes provided under FTP | 20% – 45% |
| Section III | 1(1) Introduction to customs law including Constitutional aspects Foreign Trade Policy 2(1) 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% – 20% |
Download the complete weightage of the CA Final Indirect Tax IDT Paper 2023
CA Final Indirect Tax (IDT) Paper Syllabus 2024
Every year, ICAI revises the CA final syllabus under the new scheme. The entire CA Final New Syllabus 2024 can be downloaded from here.
| CA Final Indirect Tax Syllabus |
| Download |
CA Final Indirect Tax (IDT) Study Material 2024
This is very helpful for the CA Final students in that they can download the entire syllabus of the CA finals IDT paper 2024 for free from ICAI (Institute of Chartered Accountants of India). The study material provided by the ICAI includes all the main chapters and their basic units. We are providing you with the CA Final Paper 5 study material, which can be downloaded by just clicking here.
Study Material for CA Final Indirect Tax Paper
PAPER 5: INDIRECT TAX LAWS
Syllabus Modules | Chapters |
Module-1 | |
| Chapter-1 Supply Under GST | |
| Chapter-2 Charge Of GST | |
| Chapter-3 Place of Supply | |
| Chapter-4 Exemptions from GST | |
| Chapter-5 Time of Supply | |
| Chapter-6 Value Of Supply | |
Module-2 | |
| Chapter 7: Input Tax Credit | |
| Chapter 8: Registration | |
| Chapter 9: Tax Invoice, Credit and Debit Notes | |
| Chapter 10: Accounts and Records; E-way Bill | |
| Chapter 11: Payment of Tax | |
| Chapter 12: Electronic Commerce Transactions Under GST | |
| Chapter 13: Returns | |
Module-3 | |
| Chapter 14: Import and Export Under GST | |
| Chapter 15: Refunds | |
| Chapter 16: Job Work | |
| Chapter 17: Assessment and Audit | |
| Chapter 18: Inspection, Search, Seizure and Arrest | |
| Chapter 19: Demand and Recovery | |
| Chapter 20: Liability to Pay in Certain Cases | |
| Chapter 21: Offences and Penalties and Ethical Aspects under GST | |
| Chapter 22: Appeals and Revisions | |
| Chapter 23: Advance Ruling | |
| Chapter 24: Miscellaneous Provisions | |
Module-4 | |
| Chapter-1 Levy of Exemptions from Customs Duty | |
| Chapter-2 Types of Duty | |
| Chapter-3 Classification of Imported & Exported Goods | |
| Chapter-4 Valuation Under the Customs Act, 1962 | |
| Chapter-5 Importation and Exportation of Goods | |
| Chapter-6 Warehousing | |
| Chapter-7 Refund | |
| Chapter-8 Foreign Trade Policy |
Candidates can allude to the study material provided by ICAI, along with some other course books and notes that are available online. VSI Jaipur is the best CA Final Coaching Institute that gives the best CA final online classes and CA final Pendrive classes. VSI Jaipur, being the best institute, provides the most simple CA Final Indirect Tax Paper 2024 notes and the best reliable techniques with a deep understanding of every topic.
Also know: Where to Join CA Final Coaching?
CA Final IDT Question Papers with Suggested Answers 2024
If a candidate appears for the CA Final Indirect Tax Exam and practices on all the final year question papers and answers it in a way that is expected by the ICAI, then one can surely secure a high rank. This is the only great way to learn and practice for the CA Final DT Paper 2024 for presenting skills for exams.
CA Final IDT Question Papers with Suggested Answers for Nov 2024 exams
| Question Papers | Suggested Answers |
|---|---|
| May 2022 | Coming Soon |
| December 2021 | Dec 2021 – Hindi Medium |
| July 2021 | July 2021 – Hindi Medium July 2021 |
| January 2021 | January 2021 – Hindi Medium January 2021 |
To download the CA Final question papers 2024 pdf with the suggested answers, then click on this link.
CA Final IDT Paper Mock test Papers 2024
Under ICAI every year, the CA syllabus is being revised. From the link below, candidates can download their CA Final Indirect Tax or IDT Paper 2024 for online studies. Along with the Performance Evaluation Mock Test Paper if you want to know your level of preparation.
CA Final Indirect Tax IDT Paper Revision Test Papers 2024
Under ICAI’s new scheme, almost 65% of the syllabus of the whole CA final course has been reexamined. The RTP for the final Financial reporting paper of the CA Final can be downloaded by candidates in both English and Hindi mediums for the years 2020, 2021 and 2022.
- May 2022
- November 2021 – Hindi Medium
- November 2021
- May 2021 – Hindi Medium
- May 2021
- November 2020 – Hindi Medium
- November 2020
- Important: The study guidelines have been issued by ICAI to provide updated laws and amendments in indirect taxes so that students don’t follow obsolete data.
- Study Guidelines for May 2022 examination
CA Final Indirect Tax IDT Paper 2024: Reference of Quick Revision: (New Scheme)
Extra questions, extra practice, Extra Marks.
The reference for the quick revision as per the new revised syllabus of the Indirect tax paper 2024 is given by ICAI. Understanding skills, Evaluation, and application are the things through which the case studies can be understood and solved by the students. The appropriate response design endorsed by the ICAI should be considered by the Candidates. Accordingly, the candidate’s answers will be scored. What’s more, whoever offers the fitting responses according to the ideal organization will be remunerated with some additional marks. Some ICAI-prescribed references for brisk modification are provided below:-
Read this to know the change in Reference to the quick revision Group-II.
Also know: सीए फाइनल कोर्स की पूरी जानकारी ( CA Final Course Guide in Hindi)
Sample Questions for 30:70 Assessment – CA Final Indirect Tax IDT Paper 2024
To get the best score in subjects like Indirect Tax, one should make opportune modifications and practice the sample Questions for better learning. ICAI provides the best revision capsules that are given below to help you revise the entire syllabus rapidly in certain minutes. It will not just save a lot of time to surf the lengthy course but will likewise assist you in getting a glance at the major topics and formulae covered in your Exam Paper. In a basic pointer, one can refresh the memory in the same glimpse. You will find your whole course will be designed in an extremely straightforward questioning way that can help you provide the best idea for your CA Final Sample Questions.
Click on this to get the sample questions for 30:70 Assessment– CA Final Indirect Tax or IDT Paper 2024.
Also Know: Strategy to Revise Full Course of CA Final in One Month
CA Final Indirect Tax IDT Paper 2024 Pendrive and Online Classes
Study Material provided by the ICAI covered almost all the chapters that are a part of your CA Final Indirect Course. ICAI study material is preferred by many students to understand each and every topic wisely l for studies. Candidates also prefer various course books along with the notes that are provided online and offline. VSI Jaipur provides the best CA Final Indirect Tax Pendrive classes in such an effective way that it covers almost all of the study material. These classes are provided to the candidates in English and Hindi students.
CA Final Indirect Tax (IDT) Preparation Tips
- Divide the study material into three parts: GST, Foreign policy, and necessary amended and updated material.
- Whenever you encounter a new law, provision, or amendment, you need to carefully update your study material to prevent future confusion.
- Keep yourself updated with the economic news of our country and internationally to understand their impact.
Should I do self-study for CA Final Indirect Tax IDT Paper 2024, or should I enrol for CA coaching classes?
If you can attentively study from the given syllabus that is provided by ICAI, then success is not so far. To get the best results, experienced teachers will provide you with comprehensive knowledge, which is the main thing to consider before choosing any CA Coaching Institute for studying in the best way. Students should also improve their application and analytical skills before appearing for the exams. Self-study is the best key to cracking the CA Final Exams.
If you still think you want more than self-study, you can enroll at VSI Jaipur, the best CA Final Coaching Center in India.
- VSI has the highest and maximum number of rankers
- VSI has the highest number of toppers.
- VSI gives the outstanding Ca final results
Also Know: Tips for CA Final Students to Start Over in A Better Way
Are you looking for the complete compiler of the CA Final Indirect Tax IDT Paper 2024? This article is for you to provide the complete details and the resources of the same exam in an easier way. This article includes- Mock Test Paper 2024, Revision Test Paper 2024, the entire Syllabus 2024, Study Material, References for quick revision, and many more, including tips to prepare for Indirect Tax IDT Paper 2024. If you are looking for the best coaching centre for CA in Jaipur, then VSI Jaipur is the best institute that provides offline to online classes by the well-experienced CA faculty. The VSI team wishes you a bright future and golden success in your CA Finals. Stay Safe, Stay Happy, Stay Healthy.
FAQ’s
Q1. Which is the best Study Material for the Indirect Tax CA Final?
The Best-ever ICAI modules of indirect tax are enhanced by a training manual, further supplemented by proposed answers and amendment test papers. They are sufficient as the ICAI modules completely clarified the necessary reasonable arrangements and, furthermore pertinent case law. It is likewise encouraged to allude to IDT Charts for overhauling the subject not long before tests.
Q2. How would you study for the IDT CA Final?
From the outset, read the whole book (ICAI study module or any Faculty’s book) without alluding to the inquiries. Update the significant focuses in your notes or Summary book, whichever you feel is great.
At that point, it’s better to go for Questions and Answers. You can allude to the practice manual or your Faculty’s book. This guarantees while going through Q/A, the whole subject is overhauled, as practically all the arrangements are secured by these inquiries. Additionally, when you read the arrangement and go for Q/A, you are well on the way to finding the correct solution a month later.
Q3. How many attempts can be given for CA Finals?
According to ICAI, 6 attempts can be given for CA finals.