Taxation · Excise Offences and Penalties
What does the term 'Clandestine Removal' specifically refer to within the framework of excise offences and penalties?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Selling goods at a price significantly lower than the government-fixed tariff value
- 2Removing goods from the factory without recording them or paying the required duty✓
- 3Storing manufactured goods in a private warehouse located outside the factory premises
- 4Transporting goods to a different state without a valid interstate transit permit
Correct answer
Removing goods from the factory without recording them or paying the required duty
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