Candidates performed averagely in this question. But the following functions of Customs and Excise Authority should he noted.
(i)Compilation of trade statistics:
The Customs Authority collets trade information including tariffs applicable in other countries. Customs keeps records for imports and exports provide the figure for compiling the countries foreign. trade statistics.
(ii)Maintenance and supervision of bonded warehouse
The customs authority is in charge of the supervision and maintenance of bonded warehouse. It ensures that duties on goods are paid before they are released to owners.
(iii)It supervises export free zones to avoid tax evasions etc.
