What is the minimum monetary limit below which refund cannot be granted under the Customs Act, 1962?

CS Executive · Tax Laws · PYQS · June 2024
What is the minimum monetary limit below which refund cannot be granted under the Customs Act, 1962?
(A) ₹ 50
(B) ₹ 100
(C) ₹ 500
(D) ₹ 1000

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Customs Act, 1962

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