Further clarification -icai on non applicability of services

CS,CA F,Numrologi TusharSampat (CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)   (85930 Points)

12 September 2012  

 

Further clarification - Non-applicability of taxable services in Final-Paper 8: Indirect Tax Laws for
November, 2012 examinations
 
We have received large number of queries from the students with regard to the BoS’ announcement
dated 07.07.2012 relating to the non-applicability of taxable services in Final - Paper 8: Indirect Tax laws
for November 2012 examinations. In this regard, it is reiterated that the Examination Committee at its
497th meeting held in September, 2012 has decided that students appearing in November 2012
examinations will not be examined with respect to specific services in the area of service tax laws in
Paper 8: Indirect Tax Laws (Final Examination).
 
Therefore, it is clarified that ALL the taxable services (including the thirty two (32) services notified
earlier by the BOS through its announcement dated 14.09.2011) will not be relevant for November 2012
exams.
 
It is further clarified that Chapter 4 : Gamut and Coverage of Taxable Services of Study Material and
Practice Manual for Paper 8: Indirect Tax Laws will NOT be applicable for November 2012 exams.
However, it may be noted that all other chapters of the Study Material and Practice Manual are
relevant for November 2012 examination.
 
Based on the queries received from the students, the following are further clarified:
 
(i) Negative list of services and other amendments made vide the Finance Act, 2012 are not
relevant for Nov 2012 exams.
 
(ii) Marks distribution between the three sections viz. Central Excise (40 marks), Service Tax and
VAT (40 marks) and Customs (20 marks) has not changed.
 
Director Board of Studies
 
FOLLOWING IS THE LINK OF THIS NOTIFICATION