Mock Test of Federal Excise Act

If you are preparing for the test of inspector inland revenue, then you must practice this mock test of Federal Excise Act. Apart from this, you may practice this test in quiz form at the end. You may also watch the video for the 40 Important Points of Federal Excise Act, 2005.
However, in this test, you will find 20 important mcqs which examiner may ask in the question paper. So, you must practice this test before appearing in the exam of inspector inland revenue.

Mock Test of Federal Excise

Mock Test of Federal Excise Act, 2005

1.       The board shall place all the notification regarding exemptions before__________?

a.       High Court

b.      Supreme Court

c.       National Assembly

d.      Commissioner

2.       Every registered person is required to keep his record for the period of ________?

a.       30 days

b.      90 days

c.       3 years

d.      6 years

e.      NOT

3.       In which of the following section short paid amount recoverable is discussed?

a.       12A

b.      14A

c.       16C

d.      NOT

4.       Exempted goods are provided in ______ schedule?

a.       1st

b.      2nd

c.       3rd

d.      4th

5.       If a person files the return within 15 days after the due date, then he shall pay a penalty of Rs ______ for each day of default

a.       5000

b.      10000

c.       200

d.      100

6.       If a person fails or refuses to produce any information or document to the officer of Inland Revenue, then he needs to pay a penalty of Rs.____________?

a.       5000

b.      10000

c.       20000

d.      20000 and 5 years prison

7.       Any person who obstructs in the duties of revenue officer or public servant in this concern, then he needs to pay a penalty of _________?

a.       Rs.5000 or 5 times and 3 years imprisonment

b.      Rs.50000 or 5 times and 5 years imprisonment

c.       Rs.50000 or 5 times and 3 years imprisonment

d.      Rs.75000 or 10 times and 3 years imprisonment

8.       Who may transfer at any stage of the trial of any case from the court of one special judge to the court of another special judge?

a.       FBR

b.      Commissioner appeal

c.       Federal Government

d.      Deputy assistant director trial

9.       An appeal against the order of the special judge can be done in the respective high court within ______ days?

a.       120

b.      90

c.       60

d.      30

10.   The appointment of Federal Excise Officer is discussed in section _____ of the act?

a.       30

b.      29

c.       28

d.      27

You may practice MCQs of Federal Excise Act, 2005 in detail

11.   Appeal to commissioner appeal is discussed under section ______ of Federal Excise Act?

a.       32

b.      33

c.       34

d.      33A

12.   Delayed refund is discussed under section ______________?

a.       44

b.      44A

c.       45

d.      45A

13.   Audit is discussed under section_____________________?

a.       45A

b.      46

c.       47

d.      47A

14.   Where any goods are chargeable to duty at the import stage, duty will be assessed and paid on the value determined in accordance with section ________?

a.       24 of sales tax act, 1990

b.      24 of custom act, 1969

c.       25 of sales tax act, 1990

d.      25 of custom act, 1969

15.   Adjustment of duty of excise is discussed under section __________?

a.       12

b.      9

c.       6

d.      3

16.   ________ means of transport used for carrying goods or passengers such as animal, vessel, aircraft, vehicle, etc.

a.       Factory

b.      Establishment

c.       Conveyance

d.      NOT

17.   ________ includes sale, lease, or other disposition of goods?

a.       Services

b.      Supply

c.       Both a and b

d.      NOT

18.   Goods mean the goods specified in chapters ________ of _______?

a.       1 to 97, Federal Excise Act 2005

b.      98, Custom Act 1969

c.       1 to 97, Custom Act 1969

d.      98, Federal Excise Act 2005

19.   For the revision of return, a registered person requires the approval of_________?

a.       Board

b.      Federal Government

c.       Commissioner Inland Revenue

d.      Both a and b

20.   Registration is discussed under section ______________?

a.       16

b.      15

c.       14

d.      13

Mock Test of Federal Excise Act 2005

Question 1
________ includes sale, lease, or other disposition of goods?
A
Services
B
Supply
C
Both a and b
D
NOT
Question 2
Any person who obstructs in the duties of revenue officer or public servant in this concern, then he needs to pay a penalty of _________?
A
Rs.5000 or 5 times and 3 years imprisonment
B
Rs.50000 or 5 times and 5 years imprisonment
C
Rs.50000 or 5 times and 3 years imprisonment
D
Rs.75000 or 10 times and 3 years imprisonment
Question 3
An appeal against the order of the special judge can be done in the respective high court within ______ days?
A
120
B
90
C
60
D
30
Question 4
If a person files the return within 15 days after the due date, then he shall pay a penalty of Rs ______ for each day of default.
A
5000
B
10000
C
200
D
100
Question 5
Every registered person is required to keep his record for the period of ________?
A
30 days
B
90 days
C
3 years
D
6 years
E
NOT
Question 6
Appeal to commissioner appeal is discussed under section ______ of Federal Excise Act?
A
32
B
33
C
34
D
33A
Question 7
Where any goods are chargeable to duty at the import stage, duty will be assessed and paid on the value determined in accordance with section ________?
A
24 of sales tax act, 1990
B
24 of custom act, 1969
C
25 of sales tax act, 1990
D
25 of custom act, 1969
Question 8
________ means of transport used for carrying goods or passengers such as animal, vessel, aircraft, vehicle, etc.
A
Factory
B
Establishment
C
Conveyance
D
NOT
Question 9
The appointment of Federal Excise Officer is discussed in section _____ of the act?
A
30
B
29
C
28
D
27
Question 10
Delayed refund is discussed under section ______________?
A
44
B
44A
C
45
D
45A
Question 11
For the revision of return, a registered person requires the approval of_________?
A
Board
B
Federal Government
C
Commissioner Inland Revenue
D
Both a and b
Question 12
The board shall place all the notification regarding exemptions before__________?
A
High Court
B
Supreme Court
C
National Assembly
D
Commissioner
Question 13
Who may transfer at any stage of the trial of any case from the court of one special judge to the court of another special judge?
A
FBR
B
Commissioner appeal
C
Federal Government
D
Deputy assistant director trial
Question 14
Adjustment of duty of excise is discussed under section __________?
A
12
B
9
C
6
D
3
Question 15
Registration is discussed under section ______________?
A
16
B
15
C
14
D
13
Question 16
In which of the following section short paid amount recoverable is discussed?
A
12A
B
14A
C
16C
D
NOT
Question 17
If a person fails or refuses to produce any information or document to the officer of Inland Revenue, then he needs to pay a penalty of Rs.____________?
A
5000
B
10000
C
20000
D
20000 and 5 years prison
Question 18
Goods mean the goods specified in chapters ________ of _______?
A
1 to 97, Federal Excise Act 2005
B
98, Custom Act 1969
C
1 to 97, Custom Act 1969
D
98, Federal Excise Act 2005
Question 19
Exempted goods are provided in ______ schedule?
A
1st
B
2nd
C
3rd
D
4th
Question 20
Audit is discussed under section_____________________?
A
45A
B
46
C
47
D
47A
There are 20 questions to complete.