RAE Paper-II

RAE-2

Goods and Services Tax and Branch Specific Revenues


Duration 2 hours                                                                                        Maximum Marks: 100

 

Section I        :

Goods and Services Tax

40 percent

 

(common for all branches)

 

Section II       :

Branch Specific Revenues

60 percent

 

(based on the branch from which a candidate belong)

 

 

 

Section I    Goods and Services Tax                                                40 percent

 

(A)              The following will be the syllabus and subjects

 

Sl.

No.

Content

Marks allocation

1

Constitutional Aspects, GST Council, Administration of GST, Assessment and Audit, Dual GST Model, GST(Compensation to States) Act, 2017 GST Network

8

2

Levy and collection of CGST & IGST – Application of CGST/IGST law, concept of supply including composite and mixed supplies, inter-State supply, intra-State supply, supplies in territorial waters, charge of tax, exemption from tax, composition levy, Distribution of IGST

8

3

Place of supply, time and value of supply

8

4

Input Tax Credit, Computation of GST Liability, Procedures of GST – registration, tax invoice, credit and debit notes, electronic way bill, accounts and records, returns, payment of tax including reverse charge, refund, job work, Provisions relating to e-commerce, GST Forms(GST REG-01,GSTR 1, GSTR 4, GSTR 10, GST PMT 01, GST-RFD-01, GST ITC-01)

8

5

Liability to pay in certain cases, inspection, Search Seizure and Arrest, Demand and Recovery, Offences and Penalties, Anti-profiteering, Advance Ruling, Appeals and Revision, Other Residuary provisions under the CGST Act 2017 and IGST Act 2017

8



Section II A         Central and State Revenues Audit                 60 percent

 

Part – I       Central Excise and Revenue Audit Manual (10 marks)

 

(A)              The following will be the syllabus and subjects

 

 

Sl.

No.

Content

Marks allocation

1

Provisions    of    Central    Excise    Revenue    Audit    Manual

(Chapter 1,3,4,5,8,11,14 to 17,19,20 as amended, 21,22 and 24)

5

2

Provisions of Central Excise Act and Central Excise Tariff Manual (Chapter 24 of SECTION IV and Chapter 27 of SECTION V)

5


Part – II   Customs & Foreign Trade Policy (30 marks)

 

(A)              The following will be the syllabus and subjects

 

Sl. No.

Content

Marks allocation

1

(a)   Constitutional Provision and Basic Concepts :

Definitions, procedures governing Imports and Exports, Warehousing, Baggage, Search and Seizure, Appeal and Revision contained in Chapters I, III, IX, XI, XIII, XIV, XV, XVI and XVII of Customs Act 1962

(b)   Customs Tariff Act No. 51 of 1975 (Section 1 to Section 13)

(c)   Foreign Exchange Management Act 1999

10

2

Levy and collection of duties :

Basic Customs Duty, Integrated Goods and Services Tax, Compensation Cess, Anti-dumping Duty, Safeguard Duty, Project Imports contained in (i) Section 1 to 10 and Chapter Notes to Chapter 98 of Customs Tariff Act 1975 and (ii) Chapter V, VA of Customs Act 1962

8

3

Refunds and drawbacks:

Section 26 to 27A of Customs Act 1962- Chapter V, Chapter X

2

4

Foreign Trade Policy (2015-20):

Legal Framework, Definitions, Duty Exemption and Remission Schemes for Exports , Foreign Trade Agreements contained in

a.    Foreign Trade Development and Regulation Act, 1992

b.    Chapter 9 and Glossary of FTP

c.     Chapters 3,4,5,6 and 7 of FTP

5

5

Provisions of SEZ Act and Rules

a.    Chapters I, II, IV, VI and VII Sections 47,49, 50 to 56

b.    Chapters IV, V and VI and Annexure-I - Guidelines for Annual monitoring of performance of units in SEZ

3

6

Provisions of Revenue Audit Manual : Chapter 20

2


Part – III     State Revenues (20 marks)

 

(A)              The following will be the syllabus and subjects

 

Sl. No.

Content

Marks allocation

1

Provisions of The Central Sales Tax Act, 1956 and the Taxation Laws (Amendment) Act, 2017 (No. 18 of 2017)

 

 

4

2

Provisions of Value added Tax Auditing Guidelines

(issued by the Comptroller and Auditor General of India)

3

Provisions of Motor Vehicles Act,1988

Provisions governing Licensing of Driver, Registration of Motor Vehicles and Offences, Penalties And Procedure contained in the following Chapters II, IV and XIII of the Act

4

4

Provisions of Registration Act, 1908 Part I Preliminary

Part II The Registration-Establishment Part III Registrable Documents

Part VI Presenting Documents for Registration

Part XI The Duties and Powers of Registering Officers Part XIII The Fees for Registration, Searches and Copies

4

5

Provisions of Indian Stamp Act, 1899 Chapter I Preliminary

Chapter II Stamp Duties

Chapter VI Reference And Revision

4

6

Provisions of Mines And Minerals (Development And Regulation) Act, 1957

Chapter I Preliminary

Chapter II General Restrictions on Undertaking Prospecting and Mining Operations

4


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