Idt Aac2

CMA STUDENTS AND TEAM AAC
CELEBRATING SUCCESS OF CMA

INTER CLEARED STUDENT IN GOA
FIRST TIME IN HISTORY OF CMA……
…..NEXT CAN BE YOU.

CMA STUDENTS AND TEAM AAC
CELEBRATING SUCCESS OF CMA
INTER CLEARED STUDENT IN GOA
TOKEN OF MOTIVATION TO ACHIEVERS

CMA STUDENTS AND TEAM
AAC CELEBRATING SUCCESS
OF CMA INTER CLEARED
STUDENT IN GOA
PROMISE MADE BY AKASH SIR IN

LAST SUCCESS BATCH IS DELIVERED

STUDENT
THAT IS WHY STUDENTS SAYS
AAC=CMA
STUDENT

P
R
I
D
E
O
F
A
A
C
500+ STUDENTS CLEARED
CMA INTER IN JAN 23
…. NEXT CAN BE YOU!!

CRACKED BOTH GROUPS IN FIRST ATTEMPT
……….. NEXT CAN BE YOU!!

PRIDE OF AAC STUDENTS CLEARING BOTH
THE GROUPS
BOTH GRPS
CLEARED.docx

CA AKASH AGARWAL IDT के SURE SUCCESS QUESTIONS CMA INTER
IMPORTANT THEORY QUESTIONS OF IDT
Q.1 What is GSTN and state its function.
Q.2 State with reason whether the following supplies are mixed or composite (i) When goods are packed
and transferred with insurance. (ii) Mr. A booked a Rajdhani train ticket, which includes meal.
Q.3. What are the advantages of voluntary registration under GST?
Q.4. Write any three category of persons who are not entitled to avail Composition Levy.
Q.5. Export of Service
Q.6. OIDAR service
Q.7. Contents of a revised tax invoice and credit or debit note
Q.8. E –way bill
Q.9. What is the taxable event for exported goods? Also state the relevant rate of Foreign exchange in
case of exports.
Q.10. What is pilferage under sec. 13 of the Customs Act, 1962?
Q.11. What do you mean by GSTN? Mention the functions of GST council.
AKASH AGARWAL CLASSES | CONT.- 8007777042 1

Q.12. Mention any five circumstances where registration can be cancelled by tax payer and also describe
the procedure of cancellation of registration.
Q.13. Distribution of Input Tax Credit by Input Service Distributor.
Q.14. What are the conditions to be satisfied to avail duty drawback on Re-export u/s 74?
Q.15. State the negative list of duty drawback u/s 76
Q.16. Write down the distinctions between direct taxes and indirect taxes.
Q.17. Mention the characteristics of composite supply. Give an example of composite supply.
Q.18. What is the procedure for application of registration by a casual taxable person?
Q.19. Revocation of cancellation of registration
Q.20. Distinct person under GST act.
Q.21. Mention the major differences between drawback on re – export of duty paid goods (u/s 74) and
drawback on material used in manufacture / processing of exported goods (u/s 75).
Q.22. What are the differences between Safeguard Duty and Anti – dumping duty? What is deemed
export?
Q.23. Write short note on ‘Business’ under GST Law.
Q.24. Difference between Special Audit and Audit by Tax Authorities

Q.25. List out any 5 cases where generation of E-Way Bill is not necessary.
Q.26. Items for which true and correct accounts are to be maintained.
Q.27. Advantages of GST
Q.28. In case of pilferage, state the conditions which are to be satisfied for exemption from duty.
Q.29. State the features of indirect tax.
Q.30. Define who is a “Pure agent” as per GST Law
Q.31. What were the issues in the pre-GST regime, which were addressed by the GST law?
Q.32. Explain the provision of Transfer of credit on sale, merger, amalgamation, lease or transfer of a
business [Rule 41]
Q.33. Why the Seventh Schedule of the Constitution of India is important from taxation perspective?
Discuss.
Q.34. An important disadvantage of the indirect tax regime is its cascading effect. Do you agree? Explain
shortly.
Q.35. Whether goods cleared from Domestic Tariff Area (DTA) to Special Economic Zones (SEZ) attract
export duty? Explain.
Q.36. Do the provisions of the Customs Act permit manufacture of goods in a warehouse? If so, discuss
the provisions in brief

Q.37. What do you mean by service under Service Tax Act?
Q.39. What do you mean by First Stage Dealer and Second Stage Dealer as per Central Excise Act?
Q.40. Explain the concepts "Composite Supply" and "Mixed Supply" with reference to the provisions of
CGST Act. Give at least one example in each case.
Q.41. Works Contract
Q.42. Final Return under GST
Q.43. Debit Note
Q.44. In order to be eligible for grant of registration, a person must have a Permanent Account Number
issued under the Income-tax Act, 1961. State one exception to it.
Q.45. Who are the persons not eligible for compounding of offences as per section 137(3) of the Customs
Act, 1962?
Q.46. Briefly narrate the features and advantages of warehousing.
Q.47. What do you mean by GST Council? What is its guiding principle? What are its functions?
Q.48. List out the category of persons who are not liable for registration under GST. State at least four
category of persons who are required to compulsorily register under GST law
Q.49. Advance payment of GST and refund claim by casual trading person
Q.50. Distribution of input tax credit by ISD and manner of such distribution

Q.51. "The duty drawback granted under customs law will be recovered where sale proceeds are not
realized by an exporter within the period allowed under FEMA". Explain the exception(s), if any, to this
rule.
Q.52. When a vessel caught up in the rough waters and sank in the territorial waters, can the duty
drawback be claimed?
Q.53. What do you mean by the term 'GST Compensation Cess'? Can Input tax credit be availed on GST
Compensation Cess paid on inward supplies? List out some of the Notified Goods on which GST
Compensation Cess is applicable.
Q.54. Explain when tax payer can be levied with Interest on late payment of tax.
Q.55. First GST return and subsequent rectification of errors in GST returns
Q.56. (i) Which are the commodities proposed to be kept outside the purview of GST?
(ii) What are the salient features of Integrated Goods and Services Tax (IGST)?

CMA FOUNDATION JAN-23 GLORIOUS
RESULTS
AAC = CHOICE OF CMA
STUDENTS
…. NEXT CAN BE YOU!!

CMA FOUNDATION JAN-23 GLORIOUS
RESULTS
OUR PUBLICATIONS

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CMA STUDENTS AND TEAM AAC

CELEBRATING SUCCESS OF CMA

FIRST TIME IN HISTORY OF CMA……

…..NEXT CAN BE YOU.

TOKEN OF MOTIVATION TO ACHIEVERS

…..NEXT CAN BE YOU.

PROMISE MADE BY AKASH SIR IN

…..NEXT CAN BE YOU.

THAT IS WHY STUDENTS SAYS

…..NEXT CAN BE YOU.

…. NEXT CAN BE YOU!!

……….. NEXT CAN BE YOU!!

……….. NEXT CAN BE YOU!!

IMPORTANT THEORY QUESTIONS OF IDT

Q.1 What is GSTN and state its function.

Q.3. What are the advantages of voluntary registration under GST?

Q.5. Export of Service

Q.6. OIDAR service

Q.7. Contents of a revised tax invoice and credit or debit note

Q.8. E –way bill

Q.10. What is pilferage under sec. 13 of the Customs Act, 1962?

AKASH AGARWAL CLASSES | CONT.- 8007777042 1

Q.13. Distribution of Input Tax Credit by Input Service Distributor.

Q.15. State the negative list of duty drawback u/s 76

Q.19. Revocation of cancellation of registration

Q.20. Distinct person under GST act.

Q.23. Write short note on ‘Business’ under GST Law.

Q.24. Difference between Special Audit and Audit by Tax Authorities

AKASH AGARWAL CLASSES | CONT.- 8007777042 2

Q.27. Advantages of GST

Q.29. State the features of indirect tax.

Q.30. Define who is a “Pure agent” as per GST Law

AKASH AGARWAL CLASSES | CONT.- 8007777042 3

Q.37. What do you mean by service under Service Tax Act?

Q.41. Works Contract

Q.42. Final Return under GST

Q.43. Debit Note

Q.46. Briefly narrate the features and advantages of warehousing.

AKASH AGARWAL CLASSES | CONT.- 8007777042 4

AKASH AGARWAL CLASSES | CONT.- 8007777042 5

…. NEXT CAN BE YOU!!

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