alleryStart learning →For goods cleared from a warehouse, the duty rate date is which?
ADate of warehousing goods
BDate of the warehouse licence
CDate of home consumption entry
DDate of the warehousing bond
Answer & Solution
Correct answer: C. Date of home consumption entry
Under section 15(1)(b), the rate is the one in force when a bill of entry for home consumption is presented for the warehoused goods.
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