Millionaire Mode

Exemptions and Concessions: Exploring Special Provisions and Privileges

Question 1 of 15

What is the primary purpose of exemptions and concessions in customs law?

  1. To promote economic growth and development
  2. To simplify customs procedures and reduce compliance costs
  3. To protect domestic industries from foreign competition
  4. To generate revenue for the government

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000