Preliminary Chapter- 01
MULTIPLE CHOICE QUESTIONS
Q.1. __ means an officer of Inland Revenue authorised by the Board by notification in the official
Gazette to perform certain functions under this Sales Tax Act.
(a) appropriate officer
(b) Commissioner Inland Revenue
(c) Chief Commissioner Inland Revenue
(d) deputy officer
Q.2. ___ means, on any day, the sales tax due and payable by the person before that day but which
has not yet been paid;
(a) surcharge
(b) arrear
(c) additional tax
(d) none of above
Q.3. Associates (associated persons) means:
(a) where two persons associate and the relationship between the two is such that one may
reasonably be expected to act in accordance with the intentions of the other, or both persons
may reasonably be expected to act in accordance with the intentions of a third person;
(b) two persons shall not be associates solely by reason of the fact that one person is an employee
of the other or both persons are employees of a third person;
(c) a trust and any person who benefits or may benefit under the trust;
(d) all of aboveQ.4. “____” means the registration number or any other number allocated to a registered person.
(a) NTN
(b) CNIC
(c) common taxpayer identification number
(d) all of aboveQ.5. The term “company” under the Sales Tax Act does not include ___
(a) provincial government
(b) local government
(c) individual
(d) all of aboveQ.6. cottage industry" means a manufacturer whose annual turnover from taxable supplies made in any
tax period during any last twelve months ending any tax period does not exceed _____.
(a) Rs. 10 ,000,000
(b) Rs. 6,000,000
(c) Rs. 1,000,000
(d) Rs. 100,000
Q.7. __ means any comprehensive information technology system to be used by the Board or any
other office as may be notified by the Board, for carrying out the purposes of this Act.
(a) electronic tax register
(b) computerized system