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CMA Final · Indirect Tax Laws and Practice · Valuation and Related Party Transactions

Which statement about goods imported by courier is correct under Section 83 of the Customs Act, 1962?

For courier imports, Section 83 applies the rate of duty and tariff value in force on the date the authorised courier presents the list of goods to the proper officer for assessment. Section 15 does not apply, so neither bill of entry date nor delivery date matters.

  1. AThe rate of duty is that in force on the date the authorised courier presents to the proper officer a list of the goods for assessing dutyCorrect
  2. BThe rate of duty is that in force on the date the bill of entry is presented under Section 46
  3. CThe rate of duty is that in force on the date the consignee takes delivery
  4. DThe rate of duty is that in force on the date the courier despatched the goods abroad

Explanation

Section 83(1) fixes the rate and tariff value for goods imported by post or courier as those in force on the date the postal authorities or authorised courier present the list of particulars to the proper officer. Section 15 expressly does not apply to goods imported by post. Delivery or despatch dates are not the test.

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