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CA course syllabus to include GST

10 Sep, 2016 Print

 

As the GST has already received the assent of the President, the CA syllabus for Indirect Tax papers will be altered so as to include GST.


ICAI president M Devaraja Reddy said since GST is an indirect tax law,  it will affect the syllabi of all subjects related to indirect taxes. "Part II of paper 4 (indirect taxes) of intermediate course and paper 8 (indirect tax laws) of final course will be altered." ICAI president, M Devaraja Reddy, said, "Once GST gets implemented in the country , service tax law, excise law, CST law and VAT laws contained in these papers will be subsumed into GST. However, customs laws will continue in these papers even after implementation of GST because customs duty is not being subsumed in GST."

 

Reddy said the formal announcement on syllabus change will come after legislation related to GST is implemented. "The methodology for designing the syllabi and the time when the same will be made applicable will be decided by the Council of ICAI. Students will be informed well in advance whenever the new syllabi would be made applicable," he said.