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CMA Final · Indirect Tax Laws and Practice · Trade Facilitation Measures

Under the Explanation to Section 151B, what does a 'corresponding law' mean?

A corresponding law is any law in force in the contracting State that corresponds to any provision of the Customs Act, 1962, or that deals with offences in that country corresponding to offences under the Act, as defined in the Explanation to Section 151B.

  1. AAny law in force in the contracting State corresponding to any provision of the Customs Act or dealing with offences corresponding to offences under itCorrect
  2. BAny Indian law on foreign trade, including the Foreign Trade (Development and Regulation) Act
  3. CAny international treaty signed by India on customs matters
  4. DAny law of a State in India dealing with sales tax on imports

Explanation

The Explanation defines 'corresponding law' as a law in force in the contracting State corresponding to any provision of the Act or dealing with offences there corresponding to offences under the Act. It is a foreign law, not an Indian law or a treaty.

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