Goods for customs duty levy which cannot be classified in accordance with Rules 1, 2 or 3 shall be classified under :

CS Executive · Tax Laws · PYQS · December 2023
Goods for customs duty levy which cannot be classified in accordance with Rules 1, 2 or 3 shall be classified under :
(A) Character principle
(B) Latter and Better principle
(C) Akin principle
(D) Closest principle

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Customs Act, 1962

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