Duty drawback mcq in Customs Act for CA Final, CS professional, CMA fina...
These are high quality mcq made on customs act by CS K K Agrawal. If you really want to test your knowledge about duty drawback mcq then this mcq is for you.
Duty drawback u/s 74 is allowed where the same goods are re-exported after imporation therefore. Duty drawback can be claimed upto 98% of import duty paid including GST. Duty drawback u/s 75 is allowed where imported inputs are used for manufacture of final products in India and is ultimately exported. Drawback u/s 75 is allowed on all industry rates basis.
Duty drawback u/s 74 is allowed where the same goods are re-exported after imporation therefore. Duty drawback can be claimed upto 98% of import duty paid including GST. Duty drawback u/s 75 is allowed where imported inputs are used for manufacture of final products in India and is ultimately exported. Drawback u/s 75 is allowed on all industry rates basis.
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