Start learning →

An unpaid penalty under the FT(D&R) Act may be recovered how?

AAs an income-tax demand
BAs a civil court decree
CBy auction of the licence
DAs an arrear of land revenue
Answer & Solution
Correct answer: D. As an arrear of land revenue
Section 11(4) allows unpaid penalty to be recovered as an arrear of land revenue.
Practise this question with Quill — CA Final →

Keep practising Customs 2 Foreign Trade Policy

Browse all Customs 2 Foreign Trade Policy questions for CA Final, or explore more Indirecttaxlaws topics.

Start a Customs 2 Foreign Trade Policy lesson →
Related questions