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100+ Free CMA Final Paper 19 Practice Questions

Prepare for the ICMAI CMA Final Paper 19: Indirect Tax Laws and Practice exam with instant access — no signup required.

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2026 Statistics

Key Facts: CMA Final Paper 19 Exam

100

Marks in the Paper

ICMAI Syllabus 2022 Paper 19

3 hours

Exam Duration

ICMAI Syllabus 2022 Paper 19

70%

GST Section Weightage

ICMAI Syllabus 2022 Paper 19

30%

Customs Section Weightage

ICMAI Syllabus 2022 Paper 19

Group IV

CMA Final Group

ICMAI Syllabus 2022

40% / 50%

Paper / Group Pass

ICMAI Passing Criteria

ICMAI CMA Final Paper 19 (Indirect Tax Laws and Practice) is a 100-mark, 3-hour descriptive paper in CMA Final Group IV under Syllabus 2022. Section A on GST carries 70% weightage (supply, time and place of supply, valuation, ITC, returns, refunds, assessment, appeals and advance ruling), and Section B on Customs carries 30% (valuation, duty types, baggage, warehousing, drawback and Foreign Trade Policy basics). ICMAI sets passing at 40% per paper and 50% aggregate in the group. ICMAI also publishes an official MCQ bank for practice.

Sample CMA Final Paper 19 Practice Questions

Try these sample questions to test your CMA Final Paper 19 exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Under Section 7 of the CGST Act, 2017, which of the following is treated as a supply even when made WITHOUT consideration?
A.Sale of goods to an unrelated customer
B.Import of services for personal use unrelated to business
C.Supply of goods by an employer to an employee exceeding nil value with consideration
D.Permanent transfer or disposal of business assets on which input tax credit has been availed
Explanation: Schedule I to the CGST Act lists activities treated as supply even without consideration. Permanent transfer or disposal of business assets where ITC has been availed is the first such entry. This prevents leakage of credit when assets leave the business stream.
2An activity listed in Schedule III of the CGST Act, 2017 is:
A.Treated as supply of goods
B.Treated as supply of services
C.Neither a supply of goods nor a supply of services
D.A composite supply
Explanation: Schedule III enumerates activities or transactions that shall be treated neither as a supply of goods nor a supply of services, such as services by an employee to the employer in the course of employment and sale of land. They fall outside the GST charge entirely.
3A supply consisting of two or more taxable supplies naturally bundled and supplied in conjunction in the ordinary course of business, one of which is a principal supply, is a:
A.Mixed supply
B.Continuous supply
C.Deemed supply
D.Composite supply
Explanation: Section 2(30) defines a composite supply as two or more naturally bundled taxable supplies with one principal supply. Under Section 8(a) the whole supply is taxed at the rate applicable to the principal supply.
4A mixed supply under Section 8(b) of the CGST Act is taxed at:
A.The rate of the principal supply
B.The lowest rate among the items
C.The rate applicable to that supply which attracts the highest rate of tax
D.A weighted average of all the rates
Explanation: Under Section 8(b), a mixed supply of two or more individual supplies for a single price, not naturally bundled, is treated as a supply of that particular item which attracts the highest rate of tax.
5As per Section 12 of the CGST Act, the time of supply of goods (where forward charge applies) is the:
A.Date of receipt of payment only
B.Date of removal of goods only
C.Date on which the recipient records the goods in his books
D.Earlier of the date of issue of invoice (or last date it should be issued) and the date of receipt of payment
Explanation: Section 12(2) fixes the time of supply of goods as the earlier of the date of issue of invoice (or the last date by which the invoice ought to have been issued under Section 31) and the date of receipt of payment. Note that for goods, the Notification removing payment as a trigger applies, but the statutory rule remains the earlier of these events.
6Under reverse charge for goods (Section 12(3)), the time of supply is the EARLIEST of which of the following?
A.Date of receipt of goods; date of payment; date immediately following 30 days from the supplier's invoice
B.Date of payment only
C.Date of receipt of goods only
D.Date immediately following 60 days from invoice
Explanation: For goods under reverse charge, Section 12(3) fixes time of supply as the earliest of: date of receipt of goods, date of payment, and the date immediately following 30 days from the date of the supplier's invoice. If none can be determined, it is the date of entry in the recipient's books.
7For supply of services under reverse charge (Section 13(3)), where the supplier is located outside India and is an associated enterprise, the time of supply is the earlier of the date of entry in the books of the recipient or:
A.The date immediately following 30 days from invoice
B.The date immediately following 60 days from invoice
C.The date of receipt of the service
D.The date of payment
Explanation: The proviso to Section 13(3) provides that where the supplier of service is an associated enterprise located outside India, the time of supply is the earlier of the date of entry in the recipient's books of account or the date of payment.
8In the case of supply of vouchers, where the supply is identifiable at the time of issue of the voucher, the time of supply under Section 12(4)/13(4) is:
A.The date of redemption of the voucher
B.The earlier of issue or redemption
C.The date of receipt of payment for the voucher
D.The date of issue of the voucher
Explanation: For vouchers, if the supply is identifiable at the point of issue, the time of supply is the date of issue of the voucher. If the supply is not identifiable at issue, the time of supply is the date of redemption.
9Where goods are supplied on approval basis and removed before the supply takes place, the invoice (and hence time of supply) must be issued before or at the time of supply or:
A.Within 30 days of removal
B.Within 90 days of removal
C.Within one year from the date of removal
D.Within six months from the date of removal
Explanation: Under Section 31(7), where goods are sent on approval for sale or return and are removed before supply takes place, the invoice must be issued before or at the time of supply or six months from the date of removal, whichever is earlier.
10Under Section 10 of the IGST Act, where supply involves movement of goods, the place of supply is the location of the goods:
A.At the time of receipt of the order
B.Where the supplier is registered
C.At the principal place of business of the recipient
D.At the time at which the movement of goods terminates for delivery to the recipient
Explanation: Section 10(1)(a) of the IGST Act provides that where supply involves movement of goods, the place of supply is the location of the goods at the time when movement terminates for delivery to the recipient.

About the CMA Final Paper 19 Exam

CMA Final Paper 19, Indirect Tax Laws and Practice (ITLP), is a Group IV paper under ICMAI Syllabus 2022. It tests advanced Goods and Services Tax law (Section A, 70%) and Customs Act and rules with Foreign Trade Policy basics (Section B, 30%) over a 100-mark, 3-hour descriptive examination.

Assessment

Question count not published by the exam provider

Time Limit

3 hours

Passing Score

40% in the paper and 50% aggregate in the group

Exam Fee

Consolidated CMA Final group/examination fee set by ICMAI; no separate Paper 19 fee is published (The Institute of Cost Accountants of India (ICMAI))

CMA Final Paper 19 Exam Content Outline

70%

Section A: Goods and Services Tax (GST) Act & Rules

Advanced GST: scope of supply, composite and mixed supply, time and place of supply, valuation, input tax credit, registration, returns, refunds, zero-rated supplies and exports, TDS/TCS, e-way bill, assessment, demand, appeals, advance ruling, inspection and anti-profiteering.

30%

Section B: Customs Act and Rules

Customs law: taxable event, valuation under Section 14 and the 2007 rules, types of duties, baggage rules, warehousing, drawback, pilferage and remission, confiscation, demand and recovery, refunds, and Foreign Trade Policy basics.

How to Pass the CMA Final Paper 19 Exam

What You Need to Know

  • Passing score: 40% in the paper and 50% aggregate in the group
  • Assessment: Question count not published by the exam provider
  • Time limit: 3 hours
  • Exam fee: Consolidated CMA Final group/examination fee set by ICMAI; no separate Paper 19 fee is published

Keys to Passing

  • Work through all 100 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

CMA Final Paper 19 Study Tips from Top Performers

1Allocate roughly 70% of your study time to GST and 30% to Customs, mirroring the Section A and Section B weightage.
2Drill input tax credit, place of supply and valuation rules, as these high-weight GST areas recur every term.
3For Customs, learn the valuation hierarchy and the difference between anti-dumping, safeguard and countervailing duties.
4Practise customs duty computation including BCD, Social Welfare Surcharge and IGST on imports in the correct sequence.
5Revise Foreign Trade Policy schemes such as Advance Authorisation, EPCG and RoDTEP with their export-obligation conditions.
6Use the official ICMAI study material and MCQ bank, then test yourself with timed practice to match the 3-hour format.

Frequently Asked Questions

What is CMA Final Paper 19?

CMA Final Paper 19 is Indirect Tax Laws and Practice (ITLP), a Group IV paper in the ICMAI CMA Final under Syllabus 2022. It covers advanced Goods and Services Tax and Customs law in a 100-mark, 3-hour examination.

What is the weightage of GST and Customs in Paper 19?

Section A on the GST Act and Rules carries 70% weightage and Section B on the Customs Act and Rules carries 30%. Foreign Trade Policy basics are studied within the Customs section.

Is CMA Final Paper 19 an objective or descriptive exam?

Paper 19 is primarily a descriptive 100-mark paper of 3 hours, though objective and MCQ-style questions appear in the paper. ICMAI also publishes an official MCQ bank that candidates use for practice.

What is the passing requirement for CMA Final Paper 19?

ICMAI requires a minimum of 40% marks in the individual paper and an aggregate of 50% in the group, subject to ICMAI exemption and set-off rules across the Final groups.

Which syllabus governs CMA Final Paper 19?

Paper 19 follows the ICMAI CMA Syllabus 2022, which became applicable from the June 2023 examination term. Candidates should study from the current ICMAI Final study material for Group IV.

Are these practice questions free?

Yes. All 100 GST and Customs practice questions on this page are free, with AI-powered guidance to target weak topics before the ICMAI exam.