CA Inter Taxation - GST MCQ Test 5

Supply, the value of supply, input tax credit, returns and the records a registered person keeps are the subjects you apply in this GST test. It carries 8 questions for 15 marks, with a time limit of 30 minutes, and it is set for CA Intermediate Group 1 students preparing for the January 2027 attempt. The chapters covered are Chapter 2 - Supply under GST, Chapter 3 - Charge of GST, Chapter 7 - Value of Supply, Chapter 8 - Input Tax Credit, Chapter 15 - Returns and Chapter 11 - Accounts and Records. The questions sit in three case scenarios: a manufacturer with two State registrations, a trading company with a turnover of ₹1.95 crore, and a manufacturer keeping records for a financial year. The law basis is the CGST Act 2017, IGST Act 2017 and CGST Rules as amended by Finance Act 2025, notifications and circulars effective up to 28 February 2026. There is no negative marking, so a wrong answer costs nothing. Questions are prepared with AI tools and cross-checked by independent solvers; they are not reviewed by a Chartered Accountant.

The paper asks you to decide what is a supply and what is not, to compute the value of a supply, to state when input tax credit is blocked or when a recipient has to reverse it, to read the conditions for filing the annual return, and to state how long records are kept. The 8 questions sit in three case scenarios: a manufacturer with two State registrations, a trading company with a turnover of ₹1.95 crore, and a manufacturer keeping records for a financial year.

There are 8 questions and the paper carries 15 marks. Seven questions are worth 2 marks each and the last one is worth 1 mark. The time limit is 30 minutes. In exam mode the paper is timed and marked once at the end, so you can move between questions and return to any of them before the time is up.

The chapters covered are Chapter 2 - Supply under GST, Chapter 3 - Charge of GST, Chapter 7 - Value of Supply, Chapter 8 - Input Tax Credit, Chapter 15 - Returns, and Chapter 11 - Accounts and Records. The questions draw on all six, so a gap in any one of them will cost you marks. Read the scenario before you start answering.

The law basis is the CGST Act 2017, IGST Act 2017 and CGST Rules as amended by Finance Act 2025, with notifications and circulars effective up to 28 February 2026. The content is stated as at 31 October 2026. Where a notification or a circular changes a rule, the change as at that date is applied in the questions, so work from your study material and the applicable statutory update.

Each question sits inside a short case scenario. You read a passage of facts, which gives the names of the parties, the amounts and the dates, and then apply the law to those facts. One passage is shared by the questions that follow it, so the same scenario usually carries more than one question. Work through the passage once and note the key figures and dates before you look at the options.

Two questions ask you to work out amounts. One computes the value of a supply where packing, freight, a statutory fee, an amount paid by the buyer and a subsidy linked to the price all have to be taken into account, and where a discount recorded in the invoice is deducted. The other works out the credit blocked on goods distributed as samples without charge, where only the part that relates to the samples is blocked.

No. There is no negative marking, so a wrong answer costs nothing. Each question carries the marks set out above and the paper is marked on that basis. If you are unsure of an option, attempt it rather than leave it blank, because an attempt that turns out wrong does not reduce your score.

Yes. In practice mode there is no timer, and you can read the explanation for every answer as you go, so you can pause and work through the questions at your own pace. In exam mode the paper is timed and marked once at the end, and you get a certificate carrying your name and score when the paper closes.

No sign-up is needed and there is no payment. Nothing about a student is stored on a server. You can open the paper, attempt it and read the result without creating an account, and the same applies to the timed mode and the untimed mode alike.

No. This is a practice test by HeyArtha. It is not issued by or affiliated with ICAI, and it is written for students of CA Intermediate Group 1 preparing for the January 2027 attempt. Use it alongside your study material and the applicable statutory update, and check the position of each rule as at the date stated in the paper.