Q3 · UPPSC current affairs · 26 September 2026 · News · Rules of Origin Customs Simplification CBIC

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English हिंदी

Consider the following statements regarding recent trade and customs modifications:1.The Central Board of Indirect Taxes and Customs (CBIC) has issued notifications modifying import clearance protocols under CAROTAR 2020 provisions.2.CAROTAR 2020 rules are primarily implemented to encourage unverified third-country duty evasions.Which of the statements given above is/are correct?

A 1 only

B Neither 1 nor 2

C 2 only

D Both 1 and 2

Correct answer: (a) 1 only

Explanation

Statement 1 is correct because CBIC issues notifications modifying import clearance protocols under CAROTAR 2020 provisions to simplify preferential tariff documentation. Statement 2 is incorrect because CAROTAR 2020 enforces strict origin verification precisely to prevent and deter duty evasion via third countries, not encourage it.

Same topic · past papers

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2022 · Q74 · UPPGS
Consider the following statements about farm subsidies in India. 1. The input subsidies in India, such as on fertilizers fall under indirect farm subsidies. 2. Reduction in Power and irrigation bills offered to farmers fall under direct farm subsidies. 3. The agricultural provisions of the World Trade Organization (WTO) though allow direct farm subsidies, prohibit indirect subsidies. 4. All subsidies provided by the governments in India fall under the indirect subsidies. Select the correct answer from the code given below:
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