CS Professional Paper 7.2 Question Bank and Practice Paper 2026 – GST & Corporate Tax Planning
The CS Professional Paper 7.2 Question Bank and Practice Paper 2026 – GST & Corporate Tax Planning is designed to help students practise important concepts, numerical problems, descriptive questions and case-based scenarios for the ICSI Professional Programme examination. The paper covers two parts: Goods and Services Tax (GST), carrying 70 marks, and Corporate Tax Planning, carrying 30 marks. Students should use the question bank alongside the prescribed ICSI study material, previous-year question papers and supplements applicable to their examination session.ICSI also provides an official Paper 7.2 practice test paper for self-study. The questions below are independently prepared practice questions and are not reproduced as official ICSI examination questions.
FAQs
1. What is included in the CS Professional Paper 7.2 question bank?
It includes GST conceptual questions, practical problems, ITC questions, compliance topics and Corporate Tax Planning scenarios.
2. How many marks does Paper 7.2 carry?
The paper carries 100 marks, with 70 marks for GST and 30 marks for Corporate Tax Planning.
3. Is the model practice paper an official ICSI paper?
No. It is an independently prepared practice paper. Students should refer to ICSI's official practice paper and examination papers for official questions.
4. Which GST numerical questions should students practise?
Students should practise questions involving valuation, GST liability, ITC and other calculations included in the prescribed syllabus.
5. What type of questions are useful for Corporate Tax Planning?
Questions on tax-planning principles, business structure, location, managerial decisions and business restructuring are useful practice areas.
6. How should students use a practice paper?
Students should attempt it under timed conditions, review their mistakes and revisit the corresponding study material.
7. Are previous-year question papers useful for Paper 7.2?
Yes. They help students practise actual examination questions and improve time management.
8. Should students study amendments before attempting the practice paper?
Students should review the amendments applicable to their examination session, especially where questions require the application of current law.
9. Are the questions in this question bank guaranteed to appear in the examination?
No. They are intended for practice and syllabus revision and do not predict the actual examination paper.
10. Where can students download the official ICSI Paper 7.2 practice paper?
Students can use the official ICSI practice paper link provided above and check the Academic Portal for additional resources.
11. Are sample practice questions the same as official ICSI questions?
No. Sample questions are learning resources unless specifically identified as official ICSI questions. Students should consult official ICSI question papers for actual previous examination questions.
