Font size
WorksheetsQuiz 6- CUSTOMS ACT
Total questions: 10
Worksheet time: 10mins
What is the time limit for re-exportation of goods as such u/s 74?
2 years
3 years
3years 6 months
none of these
What is the rate of duty drawback if the goods are exported without use?
98%
100%
90%
none of these
Is duty drawback allowed on re-export of wearing apparel without use?
yes
No
partially
none of these
Recovery of tax from buyer (is/is not) and essential condition for levy of indirect taxes
(a)
Duty drawback rate shall not exceed--------- per cent of market price of export goods.
(a)
-----is the rebate of excise duty and customs duty paid on inputs used in exported final products under section 75 of Customs Act.
(a)
Laptop Computer (Note Book Computer) brought as baggage by person above 18 years of age (is/is not) fully
exempt from customs duty.
(a)
The effective rate of duty shall be on baggage.
(a)
General Free Allowance (GFA) under Customs Act is __________ (allowed/not allowed) on unaccompanied baggage;
GFA is __________ (allowed/not allowed) on alcoholic liquor or wines up to two liters.
not allowed, allowed,
not allowed, not allowed,
allowed, not allowed
None of these
Period of limitation for claiming customs duty refund is ----
6 months from the date of import/export
6 months from the date of payment of duty and interest
One year from the date of import/export
One year from the date of payment of duty and interest
