Excise duties are paid on goods that are?
...Excise duties are paid on goods that are?
imported into the country
manufactured within the country
exported to other countries
kept in bonded warehouse
Correct answer is B
Excises are often associated with customs duties (which are levied on pre-existing goods when they cross a designated border in a specific direction); customs duties are levied on goods which come into existence – as taxable items – at the border, while excise is levied on goods which came into existence inland . That is to say, An excise duty is a type of tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country).
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