22 September 2014
CA FINAL OLD SYLLABUS INDIRECT TAX UPTO MAY 2014 EXAM
Service Tax & VAT Excise Customs 40 Marks 40 Marks 20 Marks
CA FINAL NEW SYLLABUS INDIRECT TAX FROM NOV 2014 EXAM
Service Tax - 50 Marks Excise - 25 Marks Customs & Foreign Trade Policy - 25 Marks
In new syllabus VAT is not there. But there shall be many concepts of VAT which shall be used in both Service Tax and Excise.
In new syllabus Foreign Trade Policy is included. Many concepts in Customs derives its logic from foreign trade policy. There this part which was not in earlier syllabus has been included now.
Syllabus of excise is same in both old and new syllabus. The difference is of marks only.
Combined and see it Old : ST + Excise = 80 Marks New ST + Excise = 75 Marks It means CCR might be covered extensively in new syllabus
What should be the strategy.
Maximum concentration on Service Tax and CCR. Secure 50 Marks.
The importance of service tax is greatly enhanced for simple reason that practicing CA shall get more work on service tax rather than a factory work.