Tax Book 2023

Scope and Payment of Tax Chapter- 05

(FOR CAF- 6 and ICMAP Students)

Section Rule Topic

3 Scope of tax

3B Collection of excess tax, etc.

4 Zero rating

5 Change in the rate of tax

6 Time and manner of payment

7 Determination of tax liability

7A Levy and collection of tax on specified goods on value addition.

24 & 25 Apportionment of input tax

8 Tax credit not allowed

8A Joint and several liability of registered persons in supply chain where tax unpaid

8B Adjustable input tax

9

19, 20, 21

& 22

Debit and credit note

23 Destruction of goods

10 Refund on input tax

11 Assessment of tax

11A Short paid amounts recoverable without notice

11B Assessment giving effect to an order

11C Power of tax authorities to modify orders, etc.

13 Exemptions

73 Certain transactions not admissible

74 Condonation of time-limit

Part - II for CA Mod F students

49 Sales of taxable activity or transfer of ownership

52 58 to 62 Authorized representative

53 Estate of deceased person

54 Estate in bankruptcy

55 Removal of difficulties

56 Service of orders, decisions, etc

56AB Real-time access to information and databases

57 Rectification of mistake

58 Liability of tax in the case of private companies or business enterprises

59 Tax paid on stocks acquired before registration

60 Powers to deliver certain goods without payment of tax

61A Repayment of tax to persons registered in Azad Jammu and Kashmir

5 SCOPE &^ PAYMENT OF TAX^

Chapter