Question

As laid down under the Customs Tariff Act, the rates at which duties of customs shall be levied under the Customs Act, 1962 shall be__________

A As specified under the First Schedule Correct Answer Incorrect Answer
B As specified under the Second Schedule Correct Answer Incorrect Answer
C As specified under the Third Schedule Correct Answer Incorrect Answer
D All a & b Correct Answer Incorrect Answer
E Both a & c Correct Answer Incorrect Answer

Solution

Section 2. Duties specified in the Schedules to be levied: The rates at which duties of customs shall be levied under the Customs Act, 1962, are specified in the First and Second Schedules.  

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