Beneficiaries of Old System Malign Faceless Customs System to Secure its Roll Back

1. : When was the Faceless Customs Assessment (FCA) launched?
(A) October 2023
(B) December 2024
(C) January 2024
(D) December 2023

2. : What is the main purpose of the FCA?
(A) Increase import duties
(B) Facilitate trade and minimise human interface in clearance of goods
(C) Reduce the number of ports in Pakistan
(D) Ban the import of luxury vehicles

3. : Which vehicle was wrongly reported as being assessed at Rs. 17,635 under FCA?
(A) 2024 Honda Civic
(B) 2022 BMW X5
(C) 2023 Toyota Land Cruiser
(D) 2021 Mercedes-Benz S-Class

4. : What was the actual assessed value of the 2023 Toyota Land Cruiser under FCA?
(A) Rs. 1.5 million
(B) Rs. 5 million
(C) Rs. 10.05 million
(D) Rs. 17,635

5. : How much duty and taxes were recovered on the said vehicle?
(A) Rs. 25 million
(B) Rs. 47.2 million
(C) Rs. 17,635
(D) Rs. 50 million

6. : Who is entitled to import vehicles under the gift or transfer of residence schemes?
(A) Any Pakistani resident
(B) Overseas Pakistanis
(C) Only government officials
(D) Registered car dealers

7. : Do the gift or transfer of residence schemes involve outward remittance of foreign exchange from Pakistan?
(A) Yes
(B) No
Answer: (B) No

8. : Who conducts the internal reviews and audits of FCA?
(A) Ministry of Commerce
(B) Pakistan Customs
(C) Federal Board of Revenue (FBR)
(D) State Bank of Pakistan