Page 31 - COMBINED QUESTIONS AND ANSWERS - EDITION 2019 - PART II_Neat

AUCTION
Q-88: Customs may withdraw any consignments at the last moment from an e-auction with
approval from
(i) Commissioner of Customs
(ii) Additional Commissioner
(iii) Deputy Commissioner

(iv) None of the above
A-88: (i) Commissioner of Customs

AUTHORISED DEALER CODE (AD)
Q-89: How many digit code on Authorised Dealer Code, which is assigned by the Reserve Bank of
India to every authorized branch of banks dealing with foreign exchange?
(i) Five
(ii) Seven

(iii) Ten
(iv) Fifiteen
A-89: iii - Seven
Q-90: AD code is registered at one particular Custom? Will it be required to register with other
Customs?
(a) May be and may not be required to register each Customs station

(b) Required to register each Customs station
Which one is correct on AD code registration?
(i) a only
(ii) b only
(iii) both a & b
(iv) None of the above
A-90: ii - b only
Q-91: Documents required for AD Code registration in Customs
A-91: (i) Original AD Code letter on bank letter head
(ii) Importer Exporter Copy

(iii) PAN Card Copy
(iv) Balance Sheet Copy
(v) Income Tax return Copy
(vi) Previous Shipping Bill or Bill of Entry Copy
(vii) GST Registration Certificate (with address)

(viii) Manufacturing License Copy (if any)
(ix) Export House Certificate (If any)
(x) Three photocopy sets of all above documents are required

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