CS Professional Paper 7.2 Syllabus and Exam Pattern 2026 – GST & Corporate Tax Planning

CS Professional Paper 7.2 Syllabus and Exam Pattern 2026 – GST & Corporate Tax Planning

The CS Professional Paper 7.2 – Goods and Services Tax (GST) & Corporate Tax Planning is an elective paper under Group 2 of the ICSI Professional Programme. It aims to develop expert knowledge of GST and corporate tax planning in accordance with applicable legal requirements and income tax laws.

The syllabus is divided into two parts: Part I – Goods and Services Tax, carrying 70 marks, and Part II – Corporate Tax Planning, carrying 30 marks. Students should understand the syllabus, examination format and applicable amendments before beginning their preparation. 

FAQs

1. What is the marks distribution for Paper 7.2?
GST carries 70 marks, while Corporate Tax Planning carries 30 marks.

2. What is the duration of the Paper 7.2 examination?
The official ICSI practice paper specifies a duration of three hours. Students should follow the instructions for their examination session.

3. How many lessons are included in the GST portion?
The prescribed GST syllabus consists of nine lessons.

4. How many lessons are included in Corporate Tax Planning?
The Corporate Tax Planning syllabus consists of five lessons.

5. Is GST more heavily weighted than Corporate Tax Planning?
Yes. GST carries 70 marks compared with 30 marks for Corporate Tax Planning.

6. Should students study the latest ICSI supplements?
Yes. Students should check the supplements and study material applicable to their examination session.

7. Are previous-year papers useful for Paper 7.2?
Yes. They provide practice with examination questions and help students identify areas that need further revision.

8. Where can students find the official Paper 7.2 syllabus?
Students can consult the official ICSI Academic Portal and the prescribed syllabus document for Paper 7.2.

9. Which GST topics should students cover for the CS Professional Paper 7.2 examination?

Students should focus on the prescribed GST syllabus, including supply, time and place of supply, value of supply, registration, Input Tax Credit (ITC), returns, tax payment, and relevant compliance

provisions. They should also review applicable amendments for their examination session.

10. Which topics are included in Corporate Tax Planning for Paper 7.2?

The Corporate Tax Planning portion covers relevant corporate taxation concepts and their practical application, including tax planning, computation of taxable income, deductions, business expenditure,

depreciation, and tax implications of business decisions, as prescribed by ICSI.

11. What is the examination pattern for CS Professional Paper 7.2?

Paper 7.2 is an open-book elective paper under Group 2 of the CS Professional Programme. Students should check the latest ICSI examination instructions for the applicable session, including the

examination duration, permitted reference materials, and other rules