Indirect Taxes Question Paper 2025 [Gauhati University FYUGP BCom 5th Sem]

If you are a B.Com 5th Semester student of Gauhati University, this post will help you a lot. Here we are sharing the Indirect Tax Question Paper 2025 for Accounting Major under the NEP FYUGP.

This question paper is useful for students preparing for the upcoming Gauhati University BCom 5th Sem Indirect Tax exam.

Gauhati University

Commerce (Accounting Major)
BCM0500504 – Indirect Taxes
Year: 2025
Time: 2.5 Hours
Full Marks: 60

1. Answer the following as directed. 1x8=8

1. Define indirect tax.

2. VAT is collected as a part of the ______ at every point of sale where value is added.
   (Fill in the blank)

3. Assessable value is the value on which duty is payable as a ______ under excise laws.
   (Fill in the blank)

4. According to the Customs Act, 1962, the term ‘baggage’ does not include motor vehicles.
   (State whether the statement is True or False)

5. What is GSTN?

6. GST has removed the ______ effect of taxes.
   (Fill in the blank)

7. A person without GST registration can collect tax.
   (State whether the statement is True or False)

8. The first two digits of the GSTIN is the ______ code.
   (Fill in the blank)

2. Answer any six of the following question: 2x6=12

1. What are excisable goods under the Central Excise Act?

2. Explain any two features of VAT.

3. Differentiate between direct taxes and indirect taxes.

4. What is Goods and Services Tax (GST)?

5. What are exempted goods under GST?

6. What is input tax credit?

7. What is the threshold limit for GST registration?

8. Explain ‘place of supply’ under GST.

9. Define ‘casual taxable person’ under GST.

10. Give the meaning of ‘dutiable goods’ under the Customs Act, 1962.

3. Answer any four of the following question. 5x4=20

1. Explain the composition scheme under GST and state its beneficiaries.

2. Describe the procedure for GST registration.

3. What are ‘prohibited goods’ under the Customs Act, 1962? Why are certain goods prohibited under this Act?

4. Write a detailed note on the valuation of petroleum products for the levy of excise duty.

5. Illustrate the calculation of GST on a product with a suitable example.

6. Discuss the impact of GST on business.

7. Describe the customs procedure for the export of goods.

8. Discuss the VAT system.

4. Answer any two of the following question. 10x2=20

1. Critically analyze the advantages and challenges of implementing GST in India.

2. Prepare a GST invoice for a sale transaction of goods worth ₹1,00,000 with applicable GST rates.

3. Write a note on the position of Central Excise Law after the introduction of GST in India.

4. What is a tax invoice under GST? Write a note on the provisions relating to tax invoices.

5. A company imports goods worth ₹5,00,000. Explain the customs duty calculation process, including the various duties and cess applicable.

-0000-

Must Visit: GU BCom 5th Semester All Study Materials,Solved Papers

Why This Question Paper Is Useful

i) It helps you understand the exam pattern
ii) You can see the type of questions asked
iii) Helpful for revision before exams
iv) Very useful for Accounting Major students
v) Good for practice and confidence

How This Question Paper Helps in Exam Preparation

By reading this question paper, students can understand important topics and mark distribution. Practicing previous year question papers helps in writing better answers and managing time during the exam.

Frequently Asked Questions (FAQs)

Q1. Where I can get this indirect tax paper in pdf?
Ans: This question paper is for B.Com FYUGP 5th Semester students available in the treasure notes website.

Q2. Where I can get Solution of this Indirect Tax Question Paper 2025?
Ans: You can get free solution of this complete Indirect Tax Question Paper only on the treasure notes website. 

Q3. Is this question paper based on the FYUGP syllabus?
Ans: Yes, this question paper follows the FYUGP syllabus and exam pattern 2025 of Gauhati University.

Q4. Where can I get Complete Solution of BCom 5th Sem Major Subjects for free?
Ans: Please do visit our main page of Gauhati University FYUGP BCom 5th Sem link given below.

Q5. Can other B.Com students use this question paper?
Ans: Yes, other B.Com students can also refer to it, but it is mainly useful for Accounting Major students.

Final Note

This Gauhati University B.Com FYUGP 5th Semester Accounting Major Indirect Tax Question Paper 2025 pdf is a useful resource for exam preparation. Practice it properly to score better marks.

Best of luck for your exam 👍