The collection of tariffs on imported goods is the function of
-
A.
Ports Authority -
B.
Customs and Excise Authority -
C.
Clearing and Forwarding Agents -
D.
Export Promotion Council
Correct Answer: Option B
Explanation
Functions of customs and excise authorities
- Collect and revenue for the government by charging customs and excise duties.
- Collect, keep and analyse records of imported and exported goods and services.
- Control bonded warehouses to ensure that duty is collected on imported dutiable goods before releasing them