MCQs of Federal Excise Act, 2005

101.   If a manufacturer doesn’t show health warning, retail price on cigarette, and manufacturer name then he shall pay fine of __________?

a.       Rs.50000

b.      500% ad valorem

c.       40 ad valorem

d.      AOT

102.   If a manufacturer doesn’t show his name, health warning or retail price on any good other than cigarette then he shall pay penalty__________?

a.       Rs.5000

b.      10%

c.       40% ad valorem

d.      NOT

103.   When a person commits an offence which is not available in the penalties mentioned in the act then he shall pay________?

a.       Rs.5000

b.      3% of duty

c.       Both a and b

d.      No Penalty

104. A registered person is ________?
a. A person who is registered
b. Required to be registered
c. Both a and b
d. NOT

105. If a person fails to make payment then he needs to pay a fine of ________?
a. Rs.1000
b. Rs.5000
c. 5%
d. Both a and c

106. When a person signs a declaration or certificate i.e. incorrect, incomplete or not true then he shall pay the fine of _____________?
a. Rs.5000
b. Rs.10000
c. Rs.20000
d. NOT

107. When a person counterfeits or falsifies any document required by the officials, he shall pay a fine of ____________?
a. Rs.5000
b. Rs.100000
c. 5 Years imprisonment
d. Both b and c

108. If a person sales cigarettes at a low price than retail price then he shall pay a fine of___________?
a. 5 years imprisonment
b. 5%
c. Rs.10000
d. Rs.20000
e. All three a, b, and c

109. Proceedings against authority and persons are discussed in section __________ Federal Excise Act 2005?
a. 19
b. 19A
c. 20
d. 21

110. In which section of the Federal Excise Act 2005 the appointment of special judges for the trial of offenses is discussed?
a. 21
b. 20
c. 19A
d. 19