Page 100 - COMBINED QUESTIONS AND ANSWERS - EDITION 2019 - PART II_Neat

(ii) Not below 10% and not exceeding 30% annum. However, the effective rate of
interest is fixed at 20% per annum
(iii) Not below 5% and not exceeding 30% annum. However, the effective rate of interest
is fixed at 20% per annum
(iv) Not below 10% and not exceeding 30% annum. However, the effective rate of
interest is fixed at 25% per annum
A-340: ii - Not below 10% and not exceeding 30% annum. However, the effective rate of
interest is fixed at 20% per annum
Q-341: Which one is correct on e-payment of Customs duty is mandatory on importers
(i) Paying duty of Rs. 1 lakh or more per Bill of Entry
(ii) Paying duty of Rs. 50 thousand or more per Bill of Entry
(iii) Paying duty of Rs. 25 thousand or more per Bill of Entry
(iv) None of the above
A-341: i - Paying duty of Rs. 1 lakh or more per Bill of Entry
Q-342: Which one is correct on apply of calculation to Integrated Goods and Service (IGST)
(i) Percentage (%) of Basic Customs Duty, Social Welfare Surcharge, Anti Dumping Duty,
Safeguard Duty, and Compensation Cess
(ii) Percentage (%) of Basic Customs Duty, Social Welfare Surcharge, Anti Dumping Duty,
and Safeguard Duty
(iii) Percentage (%) of Basic Customs Duty, Anti Dumping Duty, Safeguard Duty and
Compensation Cess
(iv) None of the above
A-342: i - Percentage (%) of Basic Customs Duty, Social Welfare Surcharge, Anti Dumping Duty,
Safeguard Duty, and Compensation Cess

CUSTOMS OFFICERS
Q-343: If, on receipt of Audit objection from C & AG office, no action is taken by the Departmental
officers resulting in the loss of revenue, then in such a situation, what could be the
consequence for the officer(s) concerned?
(a) No action could be taken by the Department against the officer.

(b) Responsibility may be fixed on the officers responsible for loss of revenue.
(c) Action can only be taken against the officials of the Ministry, not against the field officers.
(d) Action can only be taken against the junior officers only, not against the senior officers.
(e) None of the above
A-343: b - Responsibility may be fixed on the officers responsible for loss of revenue.
Q-344: In case a custodian request for services of Customs officers beyond the normal working hour
is allowed on payment of

(i) Customs Overtime Fee
(ii) Merchant Overtime Fee
(iii) Service Overtime Fee
(iv) None of the above
A-344: ii - Merchant Overtime Fee

Q-345: Which Customs officer will verify if a doubt regarding genuineness or authenticity of a
signature/seal/format of the certificate in the course of assessment?

95