Home » Past Questions » Commerce » Excise duties are paid on goods that are

Excise duties are paid on goods that are


Question

Excise duties are paid on goods that are

Options

A) imported into the country

B) manufactured within the country

C) exported to other countries

D) kept in bonded warehouses

The correct answer is B.

Explanation:

The duty that is levied for goods manufactured inside the state is called excise duty. The duty that is levied on goods imported from a foreign country is the customs duty.

More Past Questions:


Discussion (2)