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The Customs Act, 1962, not only regulates the levy and collection of duties but also, serves equally important purposes like (a) Regulation of imports & exports. (b) Protection of domestic industry (c) Prevention of smuggling (d) Conservation & augmentation of foreign exchangeSelect the correct answer from the options given below:

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The Customs Act, 1962, not only regulates the levy and collection of duties but also, serves equally important purposes like<br /> (a) Regulation of imports & exports.<br /> (b) Protection of domestic industry<br /> (c) Prevention of smuggling<br /> (d) Conservation & augmentation of foreign exchange<br />Select the correct answer from the options given below:






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