1. What year was the Custom Tariff Act enacted in India?
1. 1975
2. 1976
3. 1980
4. 1981
Correct Answer: 1975
2. On what date was the Custom Tariff Act, 1975 notified in the Official Gazette?
1. 2nd August 1975
2. 2nd August 1976
3. 1st January 1977
4. 2nd September 1976
Correct Answer: 2nd August 1976
3. Which schedules detail the duties of customs under the Customs Act, 1962?
1. First and Third Schedules
2. First and Second Schedules
3. Second and Third Schedules
4. First and Fourth Schedules
Correct Answer: First and Second Schedules
4. What is the increase percentage of the additional duty for alcoholic liquor imported for
human consumption?
1. 2%
2. 4%
3. 8%
4. 12%
Correct Answer: 4%
5. How is the additional duty for imported articles calculated if there is no comparable
excise duty in India?
1. Based on the average duty
2. Using the maximum rate applicable
3. Using a flat rate
4. Based on the international market rate
Correct Answer: Using the maximum rate applicable
6. What shall happen if there is more than one retail sale price declared for an imported
article?
1. Average shall be taken
2. Lowest price shall be considered
3. Maximum shall be deemed the retail sale price
4. No price will be considered
Correct Answer: Maximum shall be deemed the retail sale price
7. What is the maximum additional duty the Central Government might levy against excise
duties on imported articles?
1. 2%
2. 4%
3. 8%
4. 10%
Correct Answer: 4%
8. Which government body is responsible for determining rules regarding preferential
areas?
1. State Government
2. Central Government
3. Local Authority
4. Parliament
Correct Answer: Central Government
9. For how long will a safeguard duty continue unless revoked earlier?
1. Two years
2. Three years
3. Four years
4. Five years
Correct Answer: Four years
10. What is the maximum percentage of imports from developing countries permitted before
imposing safeguard duty?
1. 2%
2. 3%
3. 5%
4. 10%
Correct Answer: 3%
11. What duty is charged on the importation of subsidized items into India?
1. Countervailing duty
2. Provisional duty
3. Additional duty
4. Sales tax
Correct Answer: Countervailing duty
12. What is the duration of validity for countervailing duty unless revoked?
1. 3 years
2. 4 years
3. 5 years
4. 10 years
Correct Answer: 5 years
13. What is the expiry period for an anti-dumping duty unless earlier revoked?
1. 3 years
2. 5 years
3. 7 years
4. 10 years
Correct Answer: 5 years
14. Under what condition can the Central Government impose anti-dumping duty
retrospectively?
1. With approval from Parliament
2. Within 30 days
3. Not exceeding 90 days from the date of notification
4. When requested by an exporter
Correct Answer: Not exceeding 90 days from the date of notification
15. What is the required fee to appeal against the order of determination regarding subsidy or
dumping?
1. Rs. 5000
2. Rs. 10000
3. Rs. 15000
4. Rs. 20000
Correct Answer: Rs. 15000
16. What is the time limit for filing an appeal against the determination order?
1. 30 days
2. 60 days
3. 90 days
4. 120 days
Correct Answer: 90 days
17. In order to levy a safeguard duty, what criteria must be met regarding the quantity of
imports?
1. 25% of market share
2. 30% of imports from one country
3. Increased quantities causing serious injury
4. No limit specified
Correct Answer: Increased quantities causing serious injury
18. Which act was repealed under the Custom Tariff Act, 1975?
1. Indian Tariff Act, 1949
2. Indian Tariff Act, 1934
3. Tariff Commission Act, 1951
4. Customs Act, 1962
Correct Answer: Indian Tariff Act, 1934
19. For how long can the Central Government extend the countervailing duty after the initial
5-year period?
1. 2 years
2. 5 years
3. 10 years
4. Indefinitely
Correct Answer: 5 years
20. What must occur if an appeal is not filed within the stipulated 90 days period?
1. Automatic rejection
2. Re-filing allowed
3. Review process begins
4. Sufficient cause should be proved
Correct Answer: Sufficient cause should be proved
21. What must the Central Government do if a safeguard duty is imposed?
1. Not notify it
2. Revise it to a lower rate
3. Seek parliamentary approval
4. Nullify it immediately
Correct Answer: Seek parliamentary approval
22. If anti-dumping duty continues from the review process, what is the maximum extension
period?
1. 3 months
2. 6 months
3. 1 year
4. 2 years
Correct Answer: 1 year
23. What are the key elements to define normal value in anti-dumping regulations?
1. Cost of production and administrative costs
2. Calculated margin of dumping
3. Market value comparisons
4. None of the above
Correct Answer: Cost of production and administrative costs
24. What can result when articles imported do not cause material injury due to exemption
from duties?
1. No countervailing duty
2. Higher duties imposed
3. Increased surveillance
4. Delayed processing
Correct Answer: No countervailing duty
25. If a developing country begins to exceed its import share, which action may occur?
1. Reduced tariffs
2. Revocation of trade agreement
3. Imposition of safeguard duties
4. None of these
Correct Answer: Imposition of safeguard duties
26. What priority does the President have in forming Special Benches for appeals?
1. Equal priority
2. Process with higher cases first
3. Immediate review
4. Typically first priority
Correct Answer: Typically first priority
27. When does the protective duty cease to have effect?
1. On specified date
2. First of next month
3. Only by Parliament approval
4. Automatically after one year
Correct Answer: On specified date
28. Under what circumstance does safeguard duty not apply to imports?
1. Low volume imports
2. Exports only
3. Imported by free trade zones
4. Under 10% of market share
Correct Answer: Imported by free trade zones
29. If the Central Government is satisfied that foreign agreements necessitate changes, what
can be adjusted?
1. Tariff reductions
2. Duties on imports
3. Customs procedures
4. Trade volumes
Correct Answer: Duties on imports
