What do you mean by the following specific terms used within the meaning of the customs Act, 1962: Beneficial Owner
CS Professional · Advanced Tax Laws and Practice · PYQS · December 2017
What do you mean by the following specific terms used within the meaning of the customs Act, 1962: Beneficial Owner
Answer & Explanation:
"Beneficial Owner" means any person on whose behalf the goods are being imported or exported or who exercised affective control over the goods being imported or exported [Section 2(3A)]
Topics: Customs Act, 1962
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