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Q. Custom duty is levied on goods
I. imported into Pakistan
II. exported from Pakistan
III. transported through Pakistan
(A) I only
(B) II only
(C) I and II
(D) I and III

The answer is: (C) I and II
Custom duty is levied on goods imported into Pakistan and exported from Pakistan.

Federal Excise Act MCQs

• Custom duty is levied on goods
• Excise duties are levied on a limited number of goods manufactured, and services provided _____ Pakistan.
• All exports are liable to _____ Federal Excise Duty.
• Federal Excise Act MCQs | Excise Duty Act 2005 Questions and Answers