Customs Officer Original and Fully Solved Past Papers 2017

Customs Inspector Past Papers

These are the Questions from Customs Inspector Intelligence Officer past papers. This past paper is according to the syllabus of the Customs Inspector Intelligence Officer. So start preparation from these past papers.
Customs Officer 2019

1.    Government finance is called
a)   National Finance                     
b)   Public finance  
c)   Private finance
d)   Both a and b

2.    A direct tax is that which:
a)   Is a heavy burden on the taxpayer   
b)   Is paid by the person on whom it is levied

3.    In Pakistan government budget is prepared by:
a)   National Assembly
b)   President of Pakistan             
c)   Ministry of Finance

4.    If the government increases taxes, private savings:
a)   Increase             
b)   Decrease                       
c)   Do not change 
d)   Will become zero

5.    Taxes on commodities are :
a)   Direct taxes       
b)   Indirect taxes  
c)   Progressive taxes        
d)   Proportional tax

6.    Government Prepared its budget:
a)   Weekly               
b)   Monthly             
c)   Annually            
d)   Quarterly

7.    Which one of the following is a direct tax:
a)   Excise tax           
b)   Sale tax               
c)   Income tax                     
d)   Custom duty

8.    Which tax is not shared between central and provincial governments?
a)   Excise tax           
b)   Sales tax             
c)   Custom duty                 
d)   Property tax

9.    The budget estimate prepared by the ministry of finance is finally approved by:
a)   State Bank         
b)   President                       
c)   Senate                
d)   National Assembly

10.  Devaluation means
a)   Change in the currency of a country         
b)   The decrease in the value of gold                      
c)   Decrease in the value of money in terms of foreign currency

11.  When the central Board of Revenue (CBR) was established?
a)   1st April 1924
b)   7th April 1924
c)   6th April 1924
d)   9th April 1924

12.  What is the main function of money?
a)   To buy eatables from the market   
b)   To serve as a medium of exchange          
c)   To earn interest from a bank                       
d)   To buy luxurious goods

13.  The special procedure under the title of Sales Tax special procedure (Withholding Tax) Rules 2007 was introduced on:
a)   20th June 2007           
b)   10th June 2007
c)   30th June 2007           
d)   25th June 2007

14.  Pakistan’s fiscal year starts from:
a)   1st September
b)   1st January                   
c)   1st April 
d)   1st July

15.  Which of the following tax is under provincial control in Pakistan?
a)   Excise tax                       
b)   Sales Tax            
c)   Import Duty      
d)   Motors token tax

16.  There is how many chapters included in Income Tax Ordinance?
a)   11 Chapters                  
b)   12 Chapters                  
c)   13 Chapters                 
d)   14 Chapters

17.  There are how many schedules included in Income Tax Ordinance 2001?
a)   9 Schedules                   
b)   8 Schedules                  
c)   6 Schedules                   
d)   7 Schedules

18.  18.There is how many sections included in Income Tax Ordinance 2001?
a)   235 sections                 
b)   240 sections                
c)   250 sections                 
d)   260 sections

19.  Corporate tax is levied on:
a)   Landlords          
b)   Municipal corporation           
c)   Joint stock companies

20.  Central Excise Act, 1944 was repealed by
a)   The Federal Excise Act, 2002           
b)   The Federal Excise Act, 2004
c)   The Federal Excise Act, 2005

21.  Name of Central Excise Duty has been changed as a Federal Excise Duty on
a)   1st July 2003               
b)   1st July 2005              
c)   1st July 2007               
d)   1st July 2008

22.  Inland Revenue Wing of the FBR was created, which is a combination of ______domestic taxes.
a)   3               
b)   4               
c)   5               
d)   6

23.  If we deduct direct tax from personal income, we get:
a)   Net national income   
b)   Personal saving                       
c)   Disposable income

24.  The largest part of national income is
a)   Consumption               
b)   Investment                    
c)   Transfer payments     
d)   Saving

25.  We measure national income by this method:
a)   Expenditure Method  
b)   Income Method           
c)   Product Method          
d)   All

26.  The most important source of income for the government is:
a)   Foreign loans    
b)   Taxes      
c)   Printing of new money          
d)   Sale of government property

27.  In Pakistan, taxes are levied by:
a)   Prime minister of Pakistan   
b)   President of Pakistan             
c)   Federal Cabinet of ministers
d)   National Assembly

28.  Whom of the following propounded principles of taxation:
a)   Keynes    
b)   Marshall             
c)   Adam Smith                 
d)   Al Ghazali

29.  There are how many schedules included in the Sales Tax Act, 1990?
a)   9 schedules                  
b)   6 schedules                   
c)   7 schedules                   
d)   8 schedules

30.  There is how many sections included in the Sales Tax Act. 1990?
a)   75 Sections                  
b)   80 sections                    
c)   85 sections                    
d)   95 sections

31.  Which section of the sales tax act, 1990 deals with Special Audit by Chartered Accountants or Cost Accountants?
a)   29            
b)   30            
c)   31            
d)   32-A

32.  Which Section of the Sales Tax Act, 1990 deals with offenses and penalties?
a)   33            
b)   34            
c)   35            
d)   36

33.  No person other than a ________ shall make any deduction or reclaim input tax in respect of taxable supplies made or to be made by him.
a)   Unregistered person              
b) the registered person      
c)   Association        
d)   None of these

34.  In Pakistan, income tax is collected by:
a)   Local Govt.                     
b)   Provincial Govt.
c)   Federal govt.   
d)   All Governments

35.  Sales tax in Pakistan is:
a)   Direct and progressive          
b)   Direct and proportional        
c)   Indirect and progressive
d)   Indirect and proportional

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