24/10/2013
BATCH STARTING FROM NOV 2013
It will be targeted to :
1) Students having attempt in May, 2014 (existing syllabus applicable)
2) Students having attempt in Nov, 2014 (Revised syllabus applicable)
How revised syllabus will be covered
Here is snapshot comparison of Existing vs Revised Syllabus:
Content Existing Syllabus Revised Syllabus
Excise 40 marks 25 Marks
Remarks :Content coverage has been retained as it is, but weightage has been decreased [SAD for student]
Customs 20 Marks 25 Marks
Reamrks: Weighage has been increased and corresponding addition has been made in content. ‘FTP- Foreign Trade Policy has been included in syllabus (only to the extent relevant to customs law)
VAT 16 Marks (Average) Deleted
Remarks: Though VAT has been deleted, still some portion of VAT still needed to be studied to student [DEEMED SALES concept] as that is inter-linked with Service Tax
Service Tax* 24 Marks (Average) 50 Marks
Reamrks: Content coverage has been retained as it is, but weightage has been increased (doubled) *
*HOW THEY WILL ASK QUESTION in SERVICE TAX NOW?
In ours personal opinion, Examiner will handle ST in following manner :
1) Cenvat Credit Scheme (applicable to both excise and ST) shall now be asked under Sr Tax Part instead of Excise. This will lead to shifting of weightage of average 6-10 marks from Excise to Service Tax [We devote 10 lectures on that Scheme – the same lecture will now be counted towards lectures of Sr Tax].
2) Some of the areas under Sr Tax which have more of practicable applicability will be asked in more details:
- Concept of ‘SSP Exemption’
- Concept of ‘POPS Rules, 2012’
- Mega Exemption – E/N 25/2012
We will update our material for increasing depth of these chapters and students having attempt under revised syllabus will be provided those lectures separately. Certain lectures (we intend them to be 6-10) will be prepared and played exclusively for them.
Hp this answer all conerns of Students ......
Prof Dippak