SALES TAX PRELIMINARY SECTION MCQS
- Date December 17, 2021
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Question 1 of 65
1. Question
”Appropriate officer” means an authorized by the Board by notification in the official Gazette to perform certain functions under this Act:
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Question 2 of 65
2. Question
A registered person becomes an inactive taxpayer if it satisfies all the following conditions except:
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Question 3 of 65
3. Question
The Appellate Tribunal Inland Revenue is established under Section
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Question 4 of 65
4. Question
A person will become an Inactive taxpayer if satisfies all the following conditions except:
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Question 5 of 65
5. Question
Active taxpayer is a person who does not falls in the category of:
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Question 6 of 65
6. Question
The Sales tax due and payable by in relation to a person under this Act, which has not yet been paid on that day shall be called as
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Question 7 of 65
7. Question
Two persons shall not be associates solely by reason of the fact that:
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Question 8 of 65
8. Question
Two persons are not associates if:
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Question 9 of 65
9. Question
Following shall be treated as associates According to Section 2(3):
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Question 10 of 65
10. Question
An AOP i.e. “association persons” can be any of the following except
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Question 11 of 65
11. Question
According to Section 2(5A) a “Common taxpayer identification number” is only one of the following:
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Question 12 of 65
12. Question
According to Section 2(5AA) a company can be any of the following except:
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Question 13 of 65
13. Question
Following Societies shall by fiction of law have their identity as company According to Section2(5AA) except:
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Question 14 of 65
14. Question
Cottage industry is exclusively defined for a:
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Question 15 of 65
15. Question
A manufacturer is said to be a “cottage industry” if its annual turnover from taxable supplies made in any tax period during the last twelve months ending any tax period doesn’t exceed:
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Question 16 of 65
16. Question
A manufacturer is said to be a “cottage industry” if its annual utility (electricity, gas and telephone) bills during the last twelve months ending any tax period do not exceed:
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Question 17 of 65
17. Question
All of the following except one falls in the category of defaulter According to Section 2(6A):
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Question 18 of 65
18. Question
All of the following fall in the category of defaulter According to Section 2(6A) in case of a company or firm except:
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Question 19 of 65
19. Question
According to Section 2(7) a Distributor” can be appointed by any one of the following except:
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Question 20 of 65
20. Question
According to Section 2(7) a Distributor” can be appointed to operate:
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Question 21 of 65
21. Question
According to Section 2(7) a “Distributor” can be any one of • the following except:
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Question 22 of 65
22. Question
According to Section 2(9) “due date” in relation to the furnishing of a return under Section 26 means
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Question 23 of 65
23. Question
According to Section 2(9A) “e-intermediary” means a person appointed as e-intermediary under Section 52A for filing of electronic returns and such other documents as may be prescribed by the Board from time to time, on behalf of a
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Question 24 of 65
24. Question
According to Section 2(10) an “establishment” is all of the following except:
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Question 25 of 65
25. Question
Exempt supply .is defined in Section:
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Question 26 of 65
26. Question
According to Section 2(12) only one of the following falls under the definition of goods:
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Question 27 of 65
27. Question
According to Section 2(14) input tax will be allowed to:
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Question 28 of 65
28. Question
According to Section 2(14) input tax means:
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Question 29 of 65
29. Question
Input tax credit is allowed on all except one of the following only:
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Question 30 of 65
30. Question
According to Section 2(14) input tax is allowed on any one of the following except:
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Question 31 of 65
31. Question
According to Section 2(20) output tax is valid for all except:
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Question 32 of 65
32. Question
Open market price” means the consideration in money which that supply or a similar supply would generally fetch in:
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Question 33 of 65
33. Question
Following doesn’t fall in the definition of a “person” According to Section 2(21) of the Sales Tax Act 1990:
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Question 34 of 65
34. Question
According to Section 2(22A) Provincial Sales Tax means tax . levied under the laws of:
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Question 35 of 65
35. Question
According to Section 2(23) “registered office” is the office or other place of business specified by the in the application made by him for registration under this Act or through any subsequent application to the Commissioner:
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Question 36 of 65
36. Question
According to Section 2(25) a registered person is one who is:
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Question 37 of 65
37. Question
According to Section 2(27) retail price with reference to Third Schedule is always fixed by the:
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Question 38 of 65
38. Question
A person supplying goods to general public for the purpose of consumption is called:
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Question 39 of 65
39. Question
According to Section 2(29A) following fall in the category of sales tax except:
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Question 40 of 65
40. Question
Special Audit is conducted under Section:
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Question 41 of 65
41. Question
According to Section 2(33), following constitute a supply except:
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Question 42 of 65
42. Question
According to Section 2(33A) supply chain is:
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Question 43 of 65
43. Question
According to Section 2(35) taxable activity is a:
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Question 44 of 65
44. Question
According to Section 2(35) taxable activity is all of the following except:
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Question 45 of 65
45. Question
According to Section 2(35) taxable activity can be any one of the following only:
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Question 46 of 65
46. Question
A person is guilty of tax fraud in terms of Section 2(37) if he makes:
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Question 47 of 65
47. Question
A person is guilty of tax fraud according to Section 2(37) if he is:
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Question 48 of 65
48. Question
According to Section 2(41) taxable supply is supply of taxable goods made by following except:
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Question 49 of 65
49. Question
According to Section 2(40) tax invoice is a document to be issued under Section:
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Question 50 of 65
50. Question
According to Section 2(43) tax period other than that specified by the Federal Government, is:
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Question 51 of 65
51. Question
According to Section 2(44) “time of supply”, in relation to a supply of goods, is defined as the time correctly in all but one case:
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Question 52 of 65
52. Question
According to Section 2(44) “time of supply”, in relation to a supply of goods under a hire purchase agreement, means:
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Question 53 of 65
53. Question
According to Section 2(44) “time of supply”, in relation to provision of services, means only one of the following:
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Question 54 of 65
54. Question
According to Section 2(44) “time of supply”, in relation to a supply where any part payment is received for the supply in a tax period it shall be accounted as follows:
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Question 55 of 65
55. Question
According to Section 2(44) ‘time of supply”, in relation to a supply where any part payment is received for exempt supply in a tax period it shall be accounted as follows:
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Question 56 of 65
56. Question
According to Section 2(46) ‘value of supply” in respect of a taxable supply is defined as all of the following except:
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Question 57 of 65
57. Question
According to Section 2(46) “value of supply” in respect of a taxable supply in case consideration is received partly in money form and partly in kind the value of supply will be:
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Question 58 of 65
58. Question
According to Section 2(46) “value of supply” in case the supplier and recipient are associated persons and the supply is made for no consideration or for a consideration which is lower than the open market price, the value of supply shall mean the:
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Question 59 of 65
59. Question
According to Section 2(46) “value of supply” in case a taxable supply is made to a consumer from general public on installment basis on a price inclusive of mark up or surcharge rendering it higher than open market price, the value of supply shall mean:
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Question 60 of 65
60. Question
According to Section 2(46) “value of supply” in case of trade discounts:
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Question 61 of 65
61. Question
According to Section 2(46) “value of supply”. in case where for any special nature of transaction it’ is difficult to ascertain the value of a supply:
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Question 62 of 65
62. Question
According to Section 2(46) “value of supply” in case of imported goods, the value determined under Section of the Customs Act 1969 including the amount of customs-duties and central excise duty levied thereon.
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Question 63 of 65
63. Question
According to Section 2(46) “value of supply’ in case in case where there is sufficient reason to believe that the value of a supply has not been correctly declared in the invoice:
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Question 64 of 65
64. Question
According to Section 2(46) “value of supply” in case the goods other than taxable goods are supplied to a registered person for processing, the value of supply of such processed goods shall mean the price excluding the amount of sales tax which such goods will fetch on:
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Question 65 of 65
65. Question
According to Section 2(46) “value of supply” in case in case of a taxable supply, with reference to retail tax, which a supplier will charge at the time of making taxable supply by him:
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