CA Final IDT RTP Analysis Jan 2026 | ICAI Chapter Weightage & Focus

📘 CA Final – Indirect Tax Laws (Paper 5)
RTP Analysis for January 2026 Examination
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The Institute of Chartered Accountants of India (ICAI) has released the Revision Test Paper (RTP) for CA Final – Paper 5: Indirect Tax Laws for the January 2026 examination. This RTP is highly practical and case-study driven, covering GST law and Customs law as amended up to 30 June 2025.

🎯 Purpose of this summary:
  • Understand chapter-wise weightage
  • Identify important GST & Customs amendments
  • Know ICAI’s practical exam expectations

📊 1️⃣ Chapter-wise Coverage & Expected Weightage

Based on the number of case scenarios, MCQs and computational questions, the following trend emerges:

Area Key RTP Coverage Expected Marks Importance
Zero-rated Supply & ITC Exports, LUT, merchant exporter 12–15 ⭐⭐⭐ Very High
Time & Value of Supply GTA, RCM, stock transfers 10–12 ⭐⭐⭐ Very High
Exempt / Schedule III Supplies Land, securities, interest 6–8 ⭐⭐ High
Reverse Charge Mechanism Security services, GTA 8–10 ⭐⭐ High
Input Tax Credit Eligibility, blocked credit, imports 15–18 ⭐⭐⭐ Very High
ISD & Distribution of ITC Turnover ratio, credit notes 8–10 ⭐⭐ High
Audit, Interest & Penalty Sec 65, 50, 74A 8–10 ⭐⭐ High
Customs Valuation & Duty FOB, freight cap, IGST 10–12 ⭐⭐⭐ Very High
🔥 Student Alert: This RTP shows that Indirect Tax is now 100% application-oriented. Mugging up provisions without understanding will not work.

🆕 2️⃣ Important Amendments & Updates Covered

  • 📌 GST & Customs law updated as per Finance Act 2024 and Finance (No. 2) Act 2024
  • 📌 Emphasis on Section 74A – penalty even if tax paid before SCN in certain cases
  • 📌 Revised understanding of merchant exporter benefits
  • 📌 Clarification on tenancy rights being taxable
  • 📌 Customs valuation rules – freight cap @ 20% for air imports
  • 📌 Job work under Customs concessional duty rules – 1-year limit

🎯 3️⃣ What ICAI Clearly Expects

To score well:
  • Apply sections & rules to given facts
  • Distinguish exempt, zero-rated & Schedule III supplies
  • Compute ITC and net tax liability correctly
  • Support answers with legal reasoning

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