The date of determination for the rate of duty and tariff valuation of imported goods in the case of goods entered for home consumption under section 46 of Custom Act, 1962, is the ............

CS Executive · Tax Laws · PYQS · December 2022
The date of determination for the rate of duty and tariff valuation of imported goods in the case of goods entered for home consumption under section 46 of Custom Act, 1962, is the ............
(A) Date of presentation of bill of entry
(B) Date of entry inwards to the vessel
(C) Date of presentation of bill of entry or date of entry inwards to the vessel whichever is earlier
(D) Date of presentation of bill of entry or date of entry inwards to the vessel whichever is later

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Customs Act, 1962

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