Question

the integrated tax on import of goods shall be levied at the point when duties of _____ are levied on the goods U/s 12 of the customs act, 1962
a. excise
b. customs
c. GST
d. service tax​

Answer 1

Answer:

Provided that the integrated tax on goods imported into India shall be levied and collected in accordance with the provisions of section 3 of the Customs Tariff Act, 1975 (51 of 1975) on the value as determined under the said Act at the point when duties of customs are levied on the said goods under section 12 of the