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Q. |
Fulfillment of Export obligation for licenses with duty saved of Rs.100 Corers or more is valid only if - |
A. | It is 8 times the duty saved on capital goods , It is fulfilled within 12 years for issuance of license , Initial 5% custom duty has been paid |
B. | It is 4 times the duty saved on capital goods , It is fulfilled within 24 years for issuance of license , Initial 5% custom duty has been paid |
C. | None of the above |
D. | Can’t say |
Answer» A. It is 8 times the duty saved on capital goods , It is fulfilled within 12 years for issuance of license , Initial 5% custom duty has been paid |
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