CMA Final · June 2026 · Paper 19
CMA Final Indirect Tax Laws and Practice June 2026: paper analysis
Our own analysis of the official paper, as of 12 October 2026. The questions and answers belong to ICMAI; read them on ICMAI's website.
Chapter-wise marks
Where the marks were in this paper (out of 100; internal-choice alternatives not double counted).
What each question tested
In our words, by question number. Open the official paper for the full question.
| Q | Marks | Tests | Chapter |
|---|---|---|---|
| 2(a) | 7 | GST exemptions available to goods transport agency services under the exemption notification | Supply under GST |
| 2(b) | 7 | Annual return: who is exempt from filing it and which data are auto-populated | GST Annual Return and GST Audit Return |
| 3(a) | 7 | Taxable value of a service provider's mixed taxable and exempt supplies, including reverse charge receipts | Supply under GST |
| 3(b) | 7 | Eligible input tax credit for a month with blocked credits, damaged goods and immovable property items | Input Tax Credit |
| 4(a) | 7 | Key activities in a checklist for conducting a GST audit | GST Annual Return and GST Audit Return |
| 4(b) | 7 | Whether a bundled supply of two related goods is a composite or mixed supply, based on an advance ruling | Supply under GST |
| 5(a) | 7 | Time of supply of goods under forward charge in independent date scenarios | Time of Supply |
| 5(b) | 7 | Value of supply for a money changer under the specific valuation rules | Valuation under GST |
| 6(a) | 7 | Validity of a differential duty demand on warehoused goods cleared after a rate change | Manufacture in Bond |
| 6(b) | 7 | Categories of exports or exporters ineligible for export duty remission scheme benefits | Export Promotion Schemes under Foreign Trade Policy |
| 7(a) | 7 | Drawback on re-export of used imported goods for personal and business use | Duty Drawback |
| 7(b) | 7 | Assessable value and basic customs duty for air imports with design charges and exchange rate rules | Valuation and Related Party Transactions |
| 8(a) | 7 | E-way bill requirements and consequences in different movement scenarios | E-way Bill |
| 8(b) | 7 | Pre-deposit for first and second appeals and treatment of earlier deposits after partial relief | Dispute Resolution Mechanism under GST |
What stood out
- GST carried nine of the fourteen written parts and customs and foreign trade policy five, broadly matching the syllabus weight.
- Situation-based questions were common: e-way bill scenarios, appeal pre-deposits, composite-supply classification and a warehousing duty-rate dispute.
- Valuation was tested on both sides, with money changer valuation under GST and assessable value with exchange rate rules under customs.
- Customs MCQs and a written part both covered drawback on re-export of used goods, making this a reliable scoring topic.
- GST audit and annual return appeared as theory, so compliance procedure chapters should not be skipped.
Practise the chapters that carried the marks
Supply under GST, GST Annual Return and GST Audit Return, Time of Supply: study guides and practice questions in the CMA Final format.