Page 146 - COMBINED QUESTIONS AND ANSWERS - EDITION 2019 - PART II_Neat

(ii) The system is not linked with ICEGATE for online bond debit at the port of import for
the licences with another port
(iii) Manual processing is a time consuming and goods are subject to demurrage
(iv) All of the above
A-560: iv - All of the above
Q-561: An Advance Licence is issued as a

(i) Duty Exemption Scheme
(ii) Duty Remission Scheme
(iii) Both i & ii
(iv) None of the above
A-561: iii - Both i & ii
Q-562: The imposing of penalty for failure to furnish information on export short shipment is
mentioned in
(a) Rule 3 of Notice of Short-Export Rules, 1963
(b) Customs Valuation (Determination of Value of Export Goods) Rules, 2007
Which one is correct on the above?

(i) a only
(ii) b only
(c) both a and b
(d) None of the above
A-562: i - a only

Q-563: The import policy of Agarbatti is
(i) Free
(ii) Restricted
(iii) Prohibited
(iv) Restricted and Import by the canalized agency
A-563: ii - Restricted

Q-564: What are the import items not applicable for ratification on Advance Authorisation by
Norms Committee?
A-564: (i) Cashew in any form which is classifiable under ITC HS 0801
(ii) All Restricted/Prohibited items under the Foreign Trade Policy
(iii) Items covered under Para 4.11. of FTP 2015-20
(iv) Items covered under pre-import conditions under Appendix 4J of Hand Book of
Procedures.

Q-565: What is the procedure for import under Government to Government agreement?
A-565: Import of goods under Government to Government agreement may be allowed
without an Authorisation or CCP on production of necessary evidence to satisfaction of
Custom Authorities.
Q-566: The amendment to the Foreign Trade Policy through
(i) DGFT Notification

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