As per Rule 3(1) under the Customs Act, 1962, when the goods are imported, the CIF value has to be considered. CIF value for this purpose means to be equal to: __________.
CS Executive · Tax Laws · PYQS · December 2020
As per Rule 3(1) under the Customs Act, 1962, when the goods are imported, the CIF value has to be considered. CIF value for this purpose means to be equal to: __________.
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Customs Act
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