CS Professional Goods and Services Tax (GST) and Corporate Tax Planning PYQ December 2024: Question Paper and Available Answers
CS Professional
2 - Goods and Services Tax (GST) and Corporate Tax Planning
PYQS Series
December 2024
36 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional 2 - Goods and Services Tax (GST) and Corporate Tax Planning PYQS (December 2024). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Sunderwani Pvt. Ltd. is registered with the jurisdictional GST authorities in the State of Rajasthan and operates as wholesale supplier of machines. Company wants to appoint you as
- Sunderwani Pvt. Ltd. is registered with the jurisdictional GST authorities in the State of Rajasthan and operates as wholesale supplier of machines. Company wants to appoint you as
- Sunderwani Pvt. Ltd. is registered with the jurisdictional GST authorities in the State of Rajasthan and operates as wholesale supplier of machines. Company wants to appoint you as
- Sunderwani Pvt. Ltd. is registered with the jurisdictional GST authorities in the State of Rajasthan and operates as wholesale supplier of machines. Company wants to appoint you as
- Kamal who is proprietor of Kamal General Store a registered supplier under composition scheme in the state of Uttar Pradesh, shut down his Store and disposed off stock as follows:
- BGL Gas Limited supplied Industrial Oxygen Gas through pipelines to City Care Hospital Limited. The hospital made monthly payments to the supplier as per contract. Invoice is issue
- Lara Enterprise is a registered Proprietary concern at Varanasi, Uttar Pradesh. It exported Zero rated Dental care solutions to USA. Details of transactions for Exported Goods are
- BCH Ltd, is registered under GST in the state of Maharashtra. It sells readymade cloths across India through e-commerce operator Skart. Skart is registered with Madhya Pradesh GST
- Farm Tractors Limited, Salem (Tamil Nadu) is engaged in the production and supply of tractors to farmers with a provision of two years warranty for replacement of parts, if any alo
- The Electronic Credit Ledgers of Nath Motors Ltd showed the following monthly closing balances for 3 months: Months CGST SGST IGST Total ITC balance in all 3 ECL January, 2024 500
- The GST Commissioner issued a notice to KK Tobacco Co., Kanpur on 20.05.2024 for initiating an audit under section 65 of CGST Act, 2017 with a mention to start the audit from the e
- S Limited and T Limited are related persons. S Limited issued a corporate guarantee to City Bank on behalf of T Limited for availing a working capital loan of ₹1 crore, for a perio
- Puneet developed and launched an online gaming app "GameZ", on 20.03.2024 to start the business of online gaming w.e.f. 01.04.2024 and registered under GST voluntarily on 20.03.202
- Vijay started supply of goods within the state of Maharashtra from 1st July 2023. His turnover exceeded ₹40 lakh on 25th March, 2024. However, he didn't apply for registration. Det
- Name the GST Forms to be used in the case of the following situations by the registered persons: Naresh, by mistake, deposited cash of ₹2,550 under the head IGST instead of under t
- Name the GST Forms to be used in the case of the following situations by the registered persons: Aman, a supplier recently registered with GST, incorrectly reports the HSN code in
- Residential Welfare Association of Ekta Co-operative Housing Society, registered under the Societies Registration Act, 1860 charged from its 3 members as below against provision of
- Sumo Motors Limited, a registered person, while filing monthly returns for the months from August, 2019 to March, 2020, made payments of CGST and SGST in a wrong head considering o
- Sonal, a famous Kathak Dancer of Mumbai has received following considerations in the month of February, 2024 : Particulars Amount (₹) (i) Amount received as dance performance at th
- Stonecliff Ltd is engaged in supplying taxable services in Karnataka. The Assistant Commissioner of Central Tax passed an adjudication order under section 73 of the CGST Act, 2017
- EON International Ltd. is registered under GST in Karnataka, Maharashtra, Rajasthan and Punjab. Due to closure of business activities in Karnataka with effect from 31 May, 2024, EO
- "There is no distinction between GST Practitioner and Authorised Representative". Comment of the validity on the above statement, with reference to provision of Goods and Services
- TTU Limited is considering an expansion plan of its running business. Company wants to choose between a debt offer and an equity offer for its expansion plans. The current plan is
- VRT Limited is a company incorporated under the Companies Act, 1956 which is having two undertakings engaged in manufacture of cement and steel, decided to hive off cement division
- VRT Limited is a company incorporated under the Companies Act, 1956 which is having two undertakings engaged in manufacture of cement and steel, decided to hive off cement division
- VRT Limited is a company incorporated under the Companies Act, 1956 which is having two undertakings engaged in manufacture of cement and steel, decided to hive off cement division
- VRT Limited is a company incorporated under the Companies Act, 1956 which is having two undertakings engaged in manufacture of cement and steel, decided to hive off cement division
- PK Fertilizers Ltd. owning a unit located in SEZ and engaged in the production and export of Industrial chemicals, fertilizers, following information were made available of the com
- PK Fertilizers Ltd. owning a unit located in SEZ and engaged in the production and export of Industrial chemicals, fertilizers, following information were made available of the com
- QTR Ltd sold an undertaking as slump sale which was held by more than 4 years and earned ₹15,00,000 as capital gain including gain from depreciable fixed assets. Income tax departm
- RPL Infra Limited, incorporated on 01.04.2023 and entered into an agreement on July 1, 2023 with NHAI, a PSU of the Central Government and started the operation and maintenance of
- RPL Infra Limited, incorporated on 01.04.2023 and entered into an agreement on July 1, 2023 with NHAI, a PSU of the Central Government and started the operation and maintenance of
- Sun Limited, an Indian company owned two subsidiary companies including Moon Limited (Singapore), a 100% subsidiary and Mars Private Limited (U.K.), a subsidiary with 75% sharehold
- Dilip & Sons, a partnership firm is in the business of retail trade, furnishes you the following data for Previous Year ended on 31st March, 2024. Particulars Amount (₹) Particular
- JHN Ltd. took over the running business of Vimal, a sole-proprietor by a sale deed. As per the sale deed, JHN Ltd. undertook to pay overriding charges of ₹15,000 p.a. to Vimal's wi
- Explain the "Permissive tax planning" and "Purposive Tax Planning" with respect to three examples of each.
How to Prepare for CS Professional 2 - Goods and Services Tax (GST) and Corporate Tax Planning
Use past questions to practise the paper format and review available answers. Check the current syllabus, applicable law and examination duration before attempting a timed paper.