Q. Excise duty is a tax levied on the
A) Import of goods
B) Export of goods
C) Production of goods
D) sale of goods
✔ Correct Answer: Production of goods
Exam Insight
Excise duty is a tax levied on the manufacture of goods within a country.
A) Import of goods
B) Export of goods
C) Production of goods
D) sale of goods
✔ Correct Answer: Production of goods
Excise duty is a tax levied on the manufacture of goods within a country.
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