Results for the CA Final Examination was declared on 23rd of Jan’ 2019, Many students have passed with the flying colors and those who are not, hopefully soon going to qualify their exams & get that golden two-word prefix “CA” before their Name.
But the students who have studied hard for this November 2018 attempt and unfortunately unable to clear this time, are having some questions like what are the changes or amendments that are going to be applicable for the upcoming May’2019 attempt.
Here we are going to share, the applicable study material & Changes for the CA Final (Old Scheme) Group-II.
Paper- 5 Advanced Management Accounting
Applicable Study material
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Same As applicable for November 2018 Attempt (i.e. January 2017 Edition)
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Download Link
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MCQ Applicable
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NO, Same Exam Pattern as applicable in November 2018
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Paper-6 Information Technology, Controls & Audit
Applicable Study material
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Same As applicable for November 2018 Attempt
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MCQ Applicable
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Yes, Exam pattern will be as 30:70 from May’2019 onwards.
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Detailed Notification
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Paper-7 Direct Tax Laws
Applicable Study material
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Same As applicable for November 2018 Attempt
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Download Link
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MCQ Applicable-
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Yes, Exam pattern will be as 30:70 from May’2019 onwards.
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Amendments Applicable
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Finance Act’ 2018 Applicable for the May 2019 Exams.
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Paper-8 Indirect Tax Laws
Applicable Study material
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Same As applicable for November 2018 Attempt
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Download Link
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MCQ Applicable-
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Yes, Exam pattern will be as 30:70 from May’2019 onwards.
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Amendments Applicable
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ICAI has Issued a clarification that the CGST amendment Act, 2018 shall not be Applicable for May 2019 Exams subject to below-mentioned sections.
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Detailed Clarification as follows: ICAI detailed Notification
Highlights OF changes in pursuance of CGST Amendments Act’2018 applicable for May’ 2019 Exams
Section- 31 of CGST Amendment Act, 2018: In Schedule II of the principal Act, in the heading, after the word “ACTIVITIES”, the words “OR TRANSACTIONS” shall be inserted and shall always be deemed to have been inserted with effect from the 1st day of July 2017.
Section-28 of CGST Amendment Act, 2018: In section 140 of the principal Act, with effect from the 1st day of July 2017,
(a) in sub-section (1), after the letters and word “CENVAT credit”, the words “of eligible duties” shall be inserted and shall always be deemed to have been inserted;
(b) in the Explanation 1— (i) for the word, brackets and figures “sub-sections (3), (4)”, the word, brackets and figures “sub-sections (1), (3), (4)” shall be substituted and shall always be deemed to have been substituted; (ii) clause (iv) shall be omitted and shall always be deemed to have been omitted;
(c) in the Explanation 2— (i) for the word, brackets and figure “sub-section (5)”, the words, brackets and figures “sub-sections (1) and (5)” shall be substituted and shall always be deemed to have been substituted; (ii) clause (iv) shall be omitted and shall always be deemed to have been omitted;
(d) After Explanation 2 as so amended, the following Explanation shall be inserted and shall always be deemed to have been inserted,
namely:— ‘Explanation 3.—For removal of doubts, it is hereby clarified that the expression “eligible duties and taxes” excludes any cess which has not been specified in Explanation 1 or Explanation 2 and any cess which is collected as additional duty of customs under sub-section (1) of section 3 of the Customs Tariff
Act, 1975.
Applicable changes & Study materials for Group-1 will be shared soon.
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