Taxmann Cracker - Indirect Tax Laws Book for CA Final by CA Dr Mahesh Gour, CA Dr KM Bansal

Indirect Tax Laws | CRACKER (Goods and Services Tax | FTP | Customs Law) is a comprehensive study companion designed to help CA-Final students excel in Group II – Paper 5. Tailored strictly as per the latest ICAI syllabus, this Edition includes updated amendments and past exam solutions (including May 2025) to ensure thorough curriculum coverage. Its primary objective is to simplify the conceptual understanding and application of GST, Customs, and Foreign Trade Policy (FTP) through a structured, tabular, and practical approach.

The Present Publication is the 12^th Edition for Sept. 2025/Jan. 2026 Exams. This book is authored by CA. (Dr) Mahesh Gour & CA. (Dr) K.M. Bansal. This book incorporates the following noteworthy features:

• [Strictly as per the Latest Syllabus of ICAI] Incorporates all recent amendments and syllabus updates
• [Coverage of Past Exam Questions] Includes exam questions up to May 2025, along with their suggested answers
• [Chapter-wise Marks Distribution & Trend Analysis] Detailed data on how chapters have been tested over the years helps you focus on high-weightage areas
• [Chapter-wise Comparison with ICAI Study Material] Ensures seamless correlation with the official study material
• [Tabular Presentation for Easy Learning] Presents complex provisions in simplified tables and flowcharts for quick revision
• [Solved Papers & Model Solutions] Provides clarity on exam presentation and drafting answers effectively
• [User-friendly Layout] The layout is carefully designed with bullet points, annotations, and examples, simplifying complex legal provisions
• [Ideal Revision Tool] The combination of theoretical explanations, practical questions, trend analysis, and solved papers makes it a singular resource for last-mile revision
• [Value-added Tips] Throughout the book, you will find exam-oriented tips, common pitfalls to avoid, and time-saving revision strategies

The coverage of the book is as follows:

• Part I | Goods & Services Tax (GST)
• Concepts of Supply, Charges of GST, Place of Supply, Exemptions, Time & Value of Supply, etc.
• In-depth coverage of Input Tax Credit, Registration, Tax Invoice & Other Procedural Aspects, Payment of Tax, Returns, Refund, Job Work, Assessment & Audit, Offences & Penalties, Appeals & Revision, Advance Ruling, and Miscellaneous Provisions
• Part II | Customs & FTP
• Customs Duty Essentials – Levy & Exemptions, Types of Duties, Classification of Goods, Valuation under Customs, Importation & Exportation Procedures, Warehousing, Duty Drawback, and Refund.
• Foreign Trade Policy (FTP) covering key provisions from the latest updates
• Previous Exams Trend Analysis
• Exhaustive breakdown of how each chapter has been tested in recent years, including question types (Practical/Theory), marks allocated, and compulsory questions
• Chapter-wise Comparison with ICAI Study Material
• Clear mapping of each chapter to its corresponding ICAI study module chapter
• Solved Papers
• Includes suggested answers for past examinations (Nov. 2024 & May 2025), helping you adapt to the required presentation style and enhance your answering technique

The structure of the book is as follows:

• Introductory Pages
• Chapter-wise Marks Distribution
• Previous Exams Trend Analysis
• Chapter-wise Comparison with Study Material
• Part I | Goods & Services Tax (80 Marks) – Chapters 1 to 23, each starting with an overview of the key topics, practical examples, relevant provisions, and question bank
• Part II | Customs & Foreign Trade Policy (20 Marks) – Chapters 24 to 32, detailing the essential concepts, technical procedures, and recent changes in Customs and FTP
• Solved Papers – Suggested answers and solutions to past exam papers to guide you on the approach, presentation, and content depth needed
• Quick Revision – Tabular formats, charts, and bullet points for quicker last-minute recaps