Page 98 - COMBINED QUESTIONS AND ANSWERS - EDITION 2019 - PART II_Neat

(i) a only
(ii) b only
(iii) both a and b
(iv) None of the above

A-328: ii - b only
Q-329: The deferred duty payment based on
(i) Pay fifty percent amount and clear and balance pay later
(ii) Pay twenty percent amount and clear and balance pay later
(iii) Pay twenty five percent amount and clear and balance pay later
(iv) The principle clear first - pay later

A-329: iv - The principle clear first - pay later
Q-330: The eligible importer who intends to avail the benefit of on deferred duty payment may
intimate to
(i) The Principal Commissioner of Customs or the Commissioner of Customs having
jurisdiction over the port of clearance.
(ii) The Joint Commissioner of Customs or the Additional Commissioner of Customs
having jurisdiction over the port of clearance.
(iii) The Deputy Commissioner of Customs or the Assistant Commissioner of Customs

having jurisdiction over the port of clearance.
(iv) None of the above

A-331: i - The Principal Commissioner of Customs or the Commissioner of Customs having
jurisdiction over the port of clearance.
Q-332: Which one is correct for pre-conditions on duty deferment scheme
(i) Declare D in the Bill of entry (B/E).
(ii) There should be no default in 90 days/no arrear.

(iii) In case of default, this facility will not be restored unless the eligible importer has
paid the duty in full along with the interest.

(iv) All of the above
A-332: iv - All of the above
Q-333: Write the due dates for different duty payment
A-333: B/E from 1-15th day of any month - 17th of the month
B/E from 16th-last day of month except March - 2nd day of the following month
B/E from 16-29 March - 31 March

B/E from 30-31 March - 02 April
Q-334: The due date when the due date falls on a holiday for differed duty payment
(a) No holiday period
(b) Next day following the holiday
(c) Permission required from proper Customs officer for paying next day following the
holiday
Which one is correct on the above statement?
(i) a only

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