Introduction to GST | CA Inter GST Revision | Jan 27 | CA Karan Satija

Introduction to GST - complete revision for CA Inter GST (Jan 2027 attempt) by CA Karan Satija. In this video we revise the genesis of GST in India, the constitutional framework (Articles 246, 246A, 265, 269A and 279A), the GST Council, taxes subsumed and not subsumed, the dual GST model, aggregate turnover, registration thresholds and the order of utilization of ITC. 📌 TOPICS COVERED IN THIS VIDEO (18 topics) 1. Genesis of GST in India: Timeline & Key Milestones (2000 to July 1, 2017) 2. Indirect Taxes vs Direct Taxes: Concept, Characteristics & Key Differences 3. Tax Administration in India: Central Board of Direct Taxes (CBDT) vs Central Board of Indirect Taxes & Customs (CBIC) 4. Constitutional Framework: Article 265 (No tax to be levied/collected except by authority of law) 5. Constitutional Framework: Article 246 & Seventh Schedule (Union List, State List, Concurrent List) 6. 101st Constitutional Amendment Act, 2016: Key Highlights & Enabling Provisions 7. Article 246A: Special provision with respect to Goods and Services Tax (Concurrent Taxing Power) 8. Article 269A: Levy and Collection of IGST on Inter-State Supply & Importation 9. Article 279A: GST Council - Constitution, Mandate, Recommendations & Voting Power Rules (1/3rd Centre, 2/3rd States) 10. Taxes Subsumed under GST: 17 Central & State Taxes Subsumed (CENVAT, Service Tax, VAT, Octroi, Entertainment Tax) 11. Taxes NOT Subsumed under GST: Basic Customs Duty, Stamp Duty, Electricity Duty, Property Tax, Excise on Alcoholic Liquor 12. Petroleum Products outside GST Net: 5 Specified Petroleum Products & Section 9(2) Provisions 13. Dual GST Model Framework: Central GST (CGST), State GST (SGST), UT GST (UTGST), Integrated GST (IGST) 14. Intra-State Supply vs Inter-State Supply: Fundamental Distinctions 15. Aggregate Turnover [Sec. 2(6)]: Components Included vs Excluded in Computation 16. Threshold Limits for Registration across Different States (Rs. 10 Lakhs, Rs. 20 Lakhs, Rs. 40 Lakhs Thresholds) 17. Input Tax Credit (ITC) Mechanism: Seamless Flow of Credit & Elimination of Cascading Effect 18. Order of Utilization of Input Tax Credit [Sec. 49(5) & Rule 88A] 🎯 WHO SHOULD WATCH CA Inter students appearing in the January 2027 attempt who want a fast, exam-focused revision of Introduction to GST for Paper 3: Taxation (Section B - GST). 📚 CA INTER GST REVISION SERIES - JAN 2027 Chapter-wise GST revision in 15 videos: Introduction to GST | Supply | Charge (RCM & Composition) | Place of Supply | Exemptions | Time of Supply | Value of Supply | Input Tax Credit | Registration | Tax Invoice, Credit & Debit Notes | Accounts & Records | E-Way Bill | Payment of Tax & TDS | ECO & TCS | Returns 🔔 SUBSCRIBE for the complete series: 👍 Like the video, share it with your CA Inter study group and comment your doubts below. Note: Always read this along with the latest ICAI study material and the amendments applicable to your attempt. Contact Us: ☎ 𝐒𝐚𝐥𝐞𝐬: | | | | | Follow Us On: ✅ Instagram: ✅ Telegram: #IntroductionToGST #CAInterGST #CAInterJan2027 #GST #CAInter #GSTRevision #CAKaranSatija #ICAI #CAInterTaxation #IndirectTax #CAStudents #CAIntermediate #Jan2027 #GSTCouncil #DualGST #GSTIndia