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Issue in custom duty

Total questions: 5

Worksheet time: 3mins

Name
Class
Date
1.

What is custom duty?

a)

Customs Duty is levied when goods are transported across borders between countries.

b)

Customs Duty is levied when goods are transported within countries.

c)

Customs Duty is levied when services are performed across borders between countries.

2.

There are 2 type of custom duty which is and .

a)

Import duty & Export duty

b)

Excise duty & Export duty

c)

SST & import duty

3.

Identify 2 tariff code use by custom Malaysia to determine the rate..

a)

he Malaysia Standard Industrial Classification (MSIC) &

     ASEAN Harmonized Tariff     Nomenclature (AHTN)

b)

Harmonized Commodity Description   and Coding System (HS Code)

     ii)   ASEAN Harmonized Tariff     Nomenclature (AHTN)

4.

Malaysia has implemented a number of service tax measures to assist businesses during the coronavirus outbreak. Certain imported goods are exempt from customs duty. Please list two items.

a)

Face mask , Personal protective equipment (PPE) & Medical equipment

b)

Face mask , Personal protective equipment (PPE) & Motor vehicle

5.

Transactiom value includes_____________________ for determining the custom value.

a)

Royalties & license fees

b)

Commissions and brokerage fees

c)

The cost of containers, and packing costs

d)

Insurance and handling cost