GST Applicability for CA FINAL NOV 17 & CS Professional DEC 17

The introduction of Goods and Services Tax (GST) is a very significant step in the field of indirect tax reforms in India. In the pre-GST regime, there was a multiplicity of indirect taxes. The central excise duty and service tax were levied by the Central Government, while VAT and Entry Tax was levied by the State Government. Moreover, there was a cascading effect of taxes, i.e. tax on tax, at various stages as the credit of taxes levied by one government was not available against payment of taxes levied by the other.
GST is a huge reform for indirect taxation in India, the likes of which the country has not seen post Independence. GST will simplify indirect taxation, reduce complexities, and remove the cascading effect. It will have a huge impact on businesses both big and small, and change the way the economy functions.
GST is a comprehensive indirect tax levy subsuming all central and state levies with a single unified value-added tax transforming the nation into one single market. Major Central and State taxes are subsumed into GST which will reduce the multiplicity of taxes, and thus bring down the compliance cost. With GST, the burden of CST will be phased out.

In this post, GST notes by ICAI & some private tutors will be provided to you through a direct link and some Video lectures will also be shared with you for a better understanding of the GST law.

CA FINAL NOV 17: (10 Marks)

GST to be examined for 10 Marks in paper 8: Indirect Tax Laws in November 2017 Final Examination

GST overview Click Here

Overview of GST” has been included in the syllabus of Final Paper 8: Indirect Tax Laws in the following manner:
  • 10 marks on “Overview of GST” has been accommodated in Section B: Service Tax (which presently carries 50 marks) with simultaneous exclusion of certain topics from central excise and service tax:
  • The syllabus of Final Paper 8: Indirect Tax Laws after incorporating “Overview of GST” for 10 marks is given as Annexure A. The exclusions from central excise and service tax are given as Annexure B.
  • Overview of GST will be tested in the examination in first compulsory question carrying 20 marks and only knowledge and comprehension based question will be asked from this topic. Thus, out of 20 marks allotted to the compulsory question, 10 marks will be allocated to Overview of GST and remaining 10 will be allocated to central excise and customs.
  • “Overview of GST” will cover an introduction to GST laws in India and basic concepts relating to supply, composite and mixed supplies and charge of tax. 

Supplementary paper by ICAI: Click Here

Tip: Study the 34 pages overview provided by ICAI & secure your 10 Marks in the exam.

Notes & Classes:

Here are some notes to help you understand the GST law relevant for NOV 17 exams

Click here to DOWNLOAD

Some Video Lectures to help you further

Class 1
Class 2
Class 3
Class 4
Class 5
Class 6

These classes will surely help you in understanding the overview of GST law.


Applicability of GST in December 2017 Examination




With the implementation of Goods & Services Tax w.e.f July 1,2017, the students of Professional Programme are hereby notified that the selected topics of Part B of the syllabus for “Advance Tax Laws and Practice” (Module 3 Paper 7) of Professional Programme have been replaced with Goods and Services Tax (GST) for December 2017 examinations.
The syllabus of Part B (70 Marks) of Advance Tax Law and Practice Paper (Module - 3 Paper7) for Professional Programme for December 2017 exam shall be as under: 

PART A: Same as before 

Supplementary paper of GST December 2017 attempt: Click Here

Video lectures conducted by ICSI are also provided here

Lecture 1 
Lecture 2 [Place of supply of Goods]
Lecture 3 [Transitional Provision & Concept of Supply]
Lecture 4 [Valuation]

Some Important Links regarding GST are given Below:

  2. CBEC
  3. GST Council

More Info:
Roll out date for GST is fixed at 1st July 2017. Following are Acts under GST which were passed and received the President's assent on 12th April 2017-
  1. The Central Goods and Service Tax Act, 2017(CGST), 
  2. The Integrated Goods and Service Tax Act, 2017(lGST), 
  3. The Union Territory Goods and Service Tax Act, 2017(UTGST), 
  4. The Goods and Service Tax(Compensation to States) Act, 2017(Compensation Cess). 
Twenty eight states excluding Jammu & Kashmir, Union Territories with legislature- Delhi and Puducherry and the remaining five Union Territories have passed their respective State Goods and Service Tax Act (SGST) and UTGST Act by 30th June 2017. The State of Jammu & Kashmir passed their SGST Act on 5th of July, 2017.All the acts are effective from 1 st day of July 2017
The CGST and IGST Acts extends to the whole of India except the State of Jammu & Kashmir. 




  1. Can u please make ISCA videos instead of posting these till Nov17 exam? Pretty please.

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