MCQ Answer
A. The Federal Excise Act, 2002.
B. The Federal Excise Act, 2004
C. The Federal Excise Act, 2005
Correct
Explanation
The Central Excise Act, 1944 was repealed and replaced by the Federal Excise Act, 2005, which modernized excise law.
D. The Federal Excise Act, 2007
Correct Answer
The Federal Excise Act, 2005