Page 242 - COMBINED QUESTIONS AND ANSWERS - EDITION 2019 - PART II_Neat
P. 242

carriers, port and airport authorities, postal authorities and various other Government and
                       semi-Government agencies, banks etc.
               Q-946:  Clearance work is licensed by
                       (i)    Customs
                       (ii)   DGFT
                       (iii)   NACIN
                       (iv)   None of the above

               A-946:  i - Customs
               Q-947:  State true or false:
                       Airlines/Steamer Agents/Shipping Lines/Consol Agents as per Section 30 of the Customs  Act,
                       1962 are assigned business category codes as AL, SA, SL and CN, respectively.
               A-947:  iii – True
               Q-948:  Who is the responsibility to draw the sample and forward to the selected lab?
                       (i)    Superintendent of Customs
                       (ii)   Inspector of Customs
                       (iii)   Appraiser
                       (iv)   Appraising Staff

               A-948:  ii – Inspector of Customs
               Q-949:  Which one is included in the assessable value?
                       (i)    Cost of maintenance after importation of plance
                       (ii)    Charges for construction after importation of plance
                       (iii)    Charges for assembly after importation of plance
                       (iv)    Cost of insurance
               A-949:  iv - Cost of insurance
               Q-950:  Under which penal provisions apply, if the import of specified goods as prohibited in the
                       Environment Protection Act
                       (i)    Environment Protection Act
                       (ii)    Customs Act, 1962
                       (iii)    EXIM Policy
                       (iv)    None of the above
               A-950:  ii - Customs Act, 1962
               Q-951:  What exchange rate to adopt for calculating the freight and insurance if the data is available
                       in rupees?
                       (i)    INR
                       (ii)   USD
                       (iii)   Any country currency
                       (iv)   Invoice Currency

               A-951:  INR
               Q-952:  Any person on whose behalf the goods are being imported or exported or who exercises
                       effective control over the goods being imported or exported is
                       (i)    Liner



                                                           237
   237   238   239   240   241   242   243   244   245   246   247