Sales Tax and Federal Excise Duty Basic Concept Test Online

Sales Tax and Federal Excise Duty Basic Concept Test Online

Sales Tax and Federal Excise Duty Basic Concept Test

Total Questions: 46
Time Allowed: 20 Minutes
Total Marks: 46
How to Attempt Test: Please choose the right Option in MCQ-type question.
Test Helpful For: FBR Sub Inspector Test
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FBR Interviews
FBR Sepoy Test
Preparation for Customs and Tax Related Questions

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1. What is the procedure for registering for sales tax in Pakistan?

2. What is the standard rate of sales tax in Pakistan?

3. What is the role of the provincial tax authorities in relation to sales tax in Pakistan?

4. What does the term 'taxable event' refer to in the context of sales tax in Pakistan?

5. What is the purpose of the Sales Tax Refund System in Pakistan?

6. Which of the following is a primary objective of the federal excise duty in Pakistan?

7. Which of the following taxes are collected under the Federal Excise Act?

8. Which of the following taxes is included in the sales tax collection system in Pakistan?

9. How does the Federal Board of Revenue (FBR) assist in the implementation of sales tax in Pakistan?

10. Which of the following is a key feature of the Federal Excise Act, 2005?

11. What is the FBR’s role in controlling tax evasion in the context of sales tax?

12. What is the scope of the Sales Tax Act, 1990 in Pakistan?

13. Which of the following is an example of a taxable service under Pakistan's sales tax law?

14. What is the rate of excise duty on petroleum products in Pakistan?

15. How does the FBR ensure compliance with federal excise duty payments?

16. Which of the following best describes the application of sales tax in Pakistan?

17. Which of the following entities is responsible for the administration of sales tax and federal excise duty in Pakistan?

18. Which of the following is an example of a luxury item subject to excise duty in Pakistan?

19. What is the primary basis for determining the value of goods subject to sales tax in Pakistan?

20. What happens when a taxpayer fails to submit their sales tax returns on time in Pakistan?

21. Which of the following is NOT subject to sales tax in Pakistan?

22. Which of the following taxes is typically exempt from federal excise duty in Pakistan?

23. How does Pakistan's Sales Tax Act define the term 'supply'?

24. Which of the following is a feature of federal excise duty in Pakistan?

25. What is the penalty for tax evasion related to sales tax in Pakistan?


 

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