Which among the following terms referred to Free Pass or Duty Free Trade?
Q. Which among the following terms referred to Free Pass or Duty Free Trade?
Answer: Dustak
Notes: Dustak means free Pass or Duty Free Trade. Mughal Emperor Farrukhsiyar granted a forman to the East India Company, which is regarded as Magna Carta in the year 1717. As per the Farman the import and export duty of the company was exempted from the customs duty. Issuing of Dastak was permitted for transportation of goods.

 

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