Accounting | Auditing | Commerce | Economics | Finance | Law | Statistics

FBR Test → FPSC Inspector Inland Revenue Test → Sales Tax Act MCQs Questions with Answers. Sales Tax Act 1990 Multiple Choice Questions (MCQs) Test with Answers. FPSC, NTS, PPSC, SPSC, KPPSC Test Preparation Material. Link to Sales Tax Act 1990 PDF updated up to July 2021 is given below.

Sales Tax Act 1990 MCQs

Page: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8

11. Taxable supply means a supply of taxable goods. The supply of taxable goods does not include taxable supply made by a/an
(A) importer
(B) transporter
(C) retailer
(D) manufacturer

12. Which from the following transactions do not constitute taxable supply?
(A) Supply of exempt goods
(B) Supply of goods chargeable to tax at the rate of zero per cent
(C) Supply made by an importer
(D) Supply made by a banker

13. Zero-rated supply means a taxable supply which is charged to tax at the rate of 0% . Which Section of the Sales Tax Act 1990 elucidates the goods that are chargeable to tax at the rate of 0 percent?
(A) Section 4
(B) Section 10
(C) Section 13
(D) Section 17

14. Which Schedule of Section 4 of the Sales Tax Act 1990 includes a list of items on which 0% sales tax is levied?
(A) Third Schedule
(B) Fourth Schedule
(C) Fifth Schedule
(D) Sixth Schedule

15. Under which section of the Sales Tax Act 1990, the Federal Government is empowered to prescribe any specified taxable goods which can be imported without payment of whole or part of sales tax?
(A) Section 30
(B) Section 40
(C) Section 50
(D) Section 60

ANSWERS: SALES TAX ACT MCQS
11. (B) transporter
12. (D) Supply made by a banker
13. (A) Section 4
14. (C) Fifth Schedule
15. (D) Section 60. Next: Questions 16–20

Sales Tax Act (PDF)
Download Sales Tax Act 1990 updated up to July 2021 in PDF from this page.