Tax Book 2023

Scope and Payment of Tax Chapter- 05

MULTIPLE CHOICE QUESTIONS

Q.1. The sales tax is charged, levied and paid at the rate of___.

(a) 16%

(b) 15%

(c) 17%

(d) None of the above

Q.2. Sale tax is charged___.

(a) Directly to the manufactures of goods

(b) Indirectly to the ultimate consumers of goods

(c) Indirectly to the retailers

(d) All of the above

Q.3. Sales tax on imports for manufacture is included in the___.

(a) Input tax

(b) Output tax

(c) Both ‘a’ and ‘b’

(d) None of the above

Q.4. While calculating the tax on imports, the addition should be made in the value of imports
assessed by custom authorities in respect of___ on imports.
(a) Custom duty
(b) Federal excise duty
(c) Invoice value
(d) Both ‘a’ and ‘b’

Q.5. Extra tax on specified goods under the special procedure may be charged at the rate
of___.
(a) 2 %
(b) 5%
(c) 0%
(d) 17%

Q.6. Where a registered person is making taxable as well as exempt supplies, then credit of input tax
is allowed only in respect of___.
(a) Taxable supplies
(b) Exempt supplies.
(c) Total supplies
(d) None of the above.

Q.7. Withholding agent shall deduct an amount out of the total sales tax showed in the tax invoice
issued by an ATL wholesale supplier, equal to___.
(a) 1/10th of total sales tax
(b) 1/5th of total sales tax
(c) 1/6th of total sales tax
(d) None of the above