The area where the goods are permitted to be imported and re-exported without any processing in the same form is called

Related MCQs

• An important feature of Export License under which certain goods can be imported only by designated agencies. For an example, an item like gold, in bulk, can be imported only by specified banks like SBI and some foreign banks or designated agencies.
• The reward scrips themselves and any goods purchased by utilising these scrips are --------------------------by the companies without any restrictions.
• The reward scrips themselves and any goods purchased by utilising these scrips are --------------------------by the companies without any restrictions.
• All imported goods shall be subject to domestic laws, rules, orders, regulations.
• As per the MEIS scheme, the export promotion reward ------------- shall be issued to exporters without any attached conditions on the basis of realised FOB value provided they pertain to goods notified for the scheme by the government.
• As per the MEIS scheme, the export promotion reward ------------- shall be issued to exporters without any attached conditions on the basis of realized FOB value provided they pertain to goods notified for the scheme by the government.
• Form GP2 is issued for the removal of excisable goods without payment of duty.
• In case of Free of cost imported raw material, value addition would be computed by adding Notional Value of free of cost material to both CIF value of imports and FOB value of exports.
• License holder shall furnish following details of material being imported
• If the CIF value of the consignment imported does not exceed----------------, the relative Bill of Entry is required to be filed by the registered courier service.