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Career in Indirect Tax Laws

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

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Career Talk Information

What is Indirect Tax Laws?

There are many nuances of a Career in Indirect Tax Laws. Understanding Why one wants to choose a Career in Indirect Tax Laws is phenomenally more important than figuring out How to get into Indirect Tax Laws. Just like you would normally not trust a non Doctor with names of medicines, you should also not trust opinions about Indirect Tax Laws from non professionals.

Anshul Jain is an experienced professional with 7 years & 4 months in Indirect Tax Laws. Here is how Anshul Jain detailed Indirect Tax Laws:

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. We all know that only 10% of what is taught in Indirect Tax Laws is actually used in real life. The Education section of the Talk clearly explained what is the 10% needed in Indirect Tax Laws. It details these topics within Education 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. Indirect Tax Laws demands specific Skills which only an experienced professional can lay out. It explains Skills needed in Indirect Tax Laws with these items:
     7) Interpretation of Laws  
     8) Analytical  
     9) Drafting Skills  
     10) Communication  
     11) Management  

It is important to get an understanding of the Positives of Indirect Tax Laws. This Talk defines Positives in terms of following items for 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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[Full Talk]

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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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