Question

Why the area under the Special Export Zones (SEZ) has been declared ‘foreign territory’?

A SEZ goods are free of excise duty
B SEZ goods cannot be sold in the domestic tariff area
C Goods cannot be brought into the domestic tariff area
D Goods brought from the SEZ to the domestic tariff area are to be treated as ‘imported’ goods
Answer & Explanation
Option: [D]

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