THE PUNJAB SALES TAX ON SERVICES ACT 2012 PDF MCQs

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1. The First Schedule services are considered:





2. Services mentioned in Second Schedule are considered:





3. Services mentioned in rules and circulars are also:





4. Where recipient is resident of Punjab and tax is charged, provider shall pay tax to:





5. Reverse charge applies when recipient is:





6. Registered recipient must deduct tax:





7. Tax deducted under reverse charge is paid to:





8. If services are provided in more than one province, tax is payable to Punjab for services:





9. Services originating from Punjab but ending outside Pakistan are:





10. Services originating outside Pakistan but received in Punjab are taxable to:





11. Persons liable under reverse charge must also be:





12. Disputes on origin principle are resolved under:





13. Tax must still be deposited even if dispute is:





14. Government may regulate origin principle through:





15. Government may amend Second Schedule by:





16. Amendment in Second Schedule is issued by:





17. Amendment notification becomes effective from:





18. Notification date cannot be prior to:





19. Government must present amendments before:





20. Economic activity includes:





21. Economic activity includes supply of:





22. Economic activity includes:





23. Economic activity excludes:





24. Private hobby is part of:





25. Value of taxable service is based on:





26. Value of service excludes:





27. If payment is in kind, value is:





28. Associated persons value is based on:





29. Trade discounts are allowed if shown in:





30. Value may be fixed by Authority through:





31. Utilities ancillary to service are included in:





32. Open market price means price in:





33. Open market price is between:





34. If price cannot be determined, Authority uses:





35. Provision of service over time is treated as:





36. Semi-annual payment creates how many services?





37. Insurance premium annually is treated as:





38. Illustrations in law are:





39. Installment payments are:





40. Reverse charge applies when recipient is:





41. Tax under origin principle is paid by:





42. Services from outside Pakistan but used in Punjab are paid by:





43. Place of origin rules apply:





44. Government may specify special procedure by:





45. Economic activity includes profession, trade and:





46. Lease of immovable property is:





47. Termination of economic activity is:





48. Taxable service originates from Punjab is:





49. Open market price depends on:





50. Value determination ensures:





51. Authority may prescribe valuation:





52. Tax applies even if service involves:





53. Non-resident providing service to resident is:





54. Reverse charge ensures tax is collected from:





55. Economic activity includes one-time:





56. Associated persons valuation uses:





57. Tax includes fines, penalties and:





58. Taxable service means service listed in:





59. Service definition excludes:





60. Value of service excludes:





61. Economic activity includes commencement and:





62. Open market price is adjusted for:





63. Place of business includes:





64. Service includes initiation, execution and:





65. Authority fixes value when declaration is:





66. Associated persons include pricing at:





67. Installments basis is:





68. Economic activity does NOT include:





69. Service value includes:





70. Reverse charge mechanism mainly shifts liability to:





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