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True/False
Question
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.
Correct Answer
True
Your Answer
False
True/False
Question
Deemed export benefits are sanctioned by DGFT without claims.
Correct Answer
False
Your Answer
False
True/False
Question
Private sector cannot develop Special Economic Zones.
Correct Answer
False
Your Answer
True
True/False
Question
Foreign exchange earning by way of Equity Participation and donations will not
be entitled for duty credit.
Correct Answer
True
Your Answer
False
True/False
Question
All imported goods shall be subject to domestic laws, rules, orders, regulations.
Correct Answer
True
Your Answer
True
True/False
Question
An EPCG License holder may source capital goods from domestic leasing
company.
Correct Answer
True
Your Answer
True
True/False
Question
In Special Economic Zones Domestic Laws will not be applicable.
Correct Answer
True
Your Answer
False
True/False
Question
Gopalpur is the entitled sea port for export consignments.
Correct Answer
False
Your Answer
True
True/False
Question
Sub Contracting is allowed provided products are dispatched directly form EOU
premises.
Correct Answer
True
Your Answer
False
True/False
Question
Import of second hand (maximum 3 years old) capital goods are allowed.
Correct Answer
False
Your Answer
True