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Indirect Tax Laws

By Anshul Jain
[ Chartered Accountant | Godfrey Phillips India Ltd ]

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Career Talk Information

What is Indirect Tax Laws?

Indirect Tax Laws is a great Career option. Internet is brimming with pages on How to get into Indirect Tax Laws, while one should first understand What is a Career in Indirect Tax Laws. It is best to learn about Indirect Tax Laws from a real professional, this is akin to getting it from the horse's mouth.

Anshul Jain has worked in Indirect Tax Laws for 7 years & 4 months. Anshul Jain defines Indirect Tax Laws as:

An indirect tax (such as sales tax, per unit tax, value added tax (VAT), or goods and services tax (GST)) is a tax collected by an intermediary such as a retail store from the person who bears the ultimate economic burden of the tax such as the consumer.

How Anshul Jain got into Indirect Tax Laws?

After completing my CA course, I worked with different companies like Bharti Airtel and Nangia & Co Chartered Accountants. I am working with Godfrey Phillips India Ltd since 2016.

Anshul Jain's Talk on Indirect Tax Laws

Starts with what is:
     1) Indirect Tax Laws  

Next, it covers Education. It is easy to Google information about what Qualifications are needed to enter Indirect Tax Laws, this Talk went a step ahead to talk about the body of knowledge one needs to develop to excel at Indirect Tax Laws. Here is a list of Education items required for Indirect Tax Laws:
     2) Indirect Taxes  
     3) Constitutional Structure of India  
     4) Judicial System of India  
     5) Accounting  
     6) Legal Principles  

Then, the Talk focuses on the most important component that is Skills. Anyone aspiring for Indirect Tax Laws needs to understand that Skill development is crucial for success. It defines Skills in terms of following items for Indirect Tax Laws:
     7) Interpretation of Laws  
     8) Analytical  
     9) Drafting Skills  
     10) Communication  
     11) Management  

Indirect Tax Laws has an interesting list of Positives. The Talk goes through this list of Positives of Indirect Tax Laws:
     12) Lesser Competition  
     13) Growth Opportunities  
     14) Recognition  

Challenges define Indirect Tax Laws as much as the Positives of the same:
     15) Lesser Expertise Available  
     16) Time Consuming  
     17) Highly Litigative  

In the final section of the Talk, Anshul Jain talks about How a day goes in a Career in:
     18) Indirect Tax Laws  

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Relevant Links

LifePage Career Talk on Indirect Tax Laws

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(Indirect Tax Laws, Anshul Jain, Godfrey Phillips India Ltd, Chartered Accountant, Accountancy, Taxes, Goods and Services Tax, Sales Tax, Taxman)

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"I have done my schooling from Birla Public School. Post that, I did LLB from IMS, Dehradun. I have been practising as a Lawyer since 2016 at Rajiv Wason Advocates."

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