Your country has adopted the World Trade Organisation (WTO) valuation methods for imports and exports.Write short notes on two of the following WTO customs valuation methods:(i) Method 1 – Transaction value (ii) Method 2 – Transaction value of identical goods (b) Owing to the high incidences of dumping goods in the country, the tax authority in your country has sought your professional advice on how to end this vice. Outline some of the measures that the authority can utilize in preventing dumping of goods. (c) (i) State the conditions which should be fulfilled before an exemption from payment of tax isgranted under the VAT and Customs and Excise Acts. (ii) Explain the procedure for applying for such an exemption under the VAT and Customs and Excise Acts.

Your country has adopted the World Trade Organisation (WTO) valuation methods for imports and exports.Write short notes on two of the following WTO customs valuation methods:(i) Method 1 – Transaction value (ii) Method 2 – Transaction value of identical goods (b) Owing to the high incidences of dumping goods in the country, the tax authority in your country has sought your professional advice on how to end this vice. Outline some of the measures that the authority can utilize in preventing dumping of goods. (c) (i) State the conditions which should be fulfilled before an exemption from payment of tax isgranted under the VAT and Customs and Excise Acts. (ii) Explain the procedure for applying for such an exemption under the VAT and Customs and Excise Acts.

Management Of Information Security

6th Edition

ISBN:9781337405713

Author:WHITMAN, Michael.

Publisher:WHITMAN, Michael.

Chapter7: Risk Management: Treating Risk

Section: Chapter Questions

Problem 2E

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