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CMA Final · Indirect Tax Laws and Practice · Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017

Under the Customs Act, 1962, goods are imported by courier. As per the provision on rate of duty for goods imported by post or courier, the rate of duty and tariff value applicable are those in force on which date?

For goods imported by post or courier, the applicable duty rate and tariff value are those in force on the date the authorised courier or postal authority presents to the proper officer the list of goods particulars for assessing duty, not the payment date.

  1. AThe date on which the importer pays the duty
  2. BThe date on which the authorised courier presents to the proper officer a list containing particulars of the goods for assessing dutyCorrect
  3. CThe date on which the goods were handed over to the courier abroad
  4. DThe date on which the importer files the bill of entry

Explanation

Section 83(1) fixes the rate and tariff value as those in force on the date on which the postal authorities or authorised courier present to the proper officer a list with particulars of the goods for assessing duty. Payment date is relevant for other imports, not here.

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