Definitions Chapter- 01
ICMAP LAST YEARS QUESTIONS FROM TAX YEAR 2003 TO 201 4 ON
FEDERAL EXCISE ACT, 2005Q. NO. 5
(a) Discuss the following terms as per the Federal Excise Act, 2 005:
(i) Franchise (ii) ConveyanceQ.NO. 6 (b) March 2015 Define the following terms as per section (2) of the Federal Excise Act, 2005:
((ii)) Wholesale dealer.^ (ii)^ Distributor.^
Q.NO.6(b) August 2014 Define the following terms as per section (2) of the Federal Excise Act, 2005:
(i) Franchise. (ii) Property Developers or Promoters
Q. No. 6(b) Spring 2014 Define the following terms as per section (2) of the Federal Excise Act, 2005:
(i) Establishment (ii) Non-Fund Banking Services
Q. No. 6(b) Spring 2013 Define the term sales tax mode as provided under section 2(21A) of Federal
Excise Act, 2005. Under what circumstances federal excise duty is payable in sales tax mode as per
section 7 of the Federal Excise Act, 2005? Explain any three
Q. No. 7(a)(ii) February 2013 Define the following terms under the provisions of the Federal excise Act,
2005:
- Adjustment
- Duty due
Q.6 (c) APRIL 2012 In the light of the Federal Excise Act, 2005, define the following terms:
(i) Establishment
(ii) Conveyance
(iii) Import and export
6 (b) SUMMER- 2009 Under the Federal Excise Act, 2005, explain the following:
(i) Basis of duty charged (ii) Establishment and Franchise
6 (a) SUMMER- 2008 Define the following terms as used in the Federal Excise Act, 2005:
(i) Factory (ii) Sale and Purchase
6 (a) WINTER- 2007 Define the following terms as used in Federal Excise Act, 2005
(i) Non-tariff area (ii) Establishment (iii) Import and export
6 (a) SUMMER- 2007 What is meant by “due date” as per section 2(8a) of the Federal Excise Act, 2005?
8 (b) WINTER- 2006 Define the following in terms of the Federal Excise Act, 2005
(i) Duty due [section 2(9a)] (ii) Goods [section 2(13)] (iii) Zero rated [section 2(26)]