Correct Answer: Option B

Explanation

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).

• delsu post utme form out for 2024? Answer this

  1 Answers   ·   Law   ·   22 hours ago
• Write a technical report of crude oil as a mineral resources in Niger delta? Answer this

  1 Answers   ·   Engineering   ·   2 hours ago
• The rule of law is a fundamental principle associated with? Answer this

  1 Answers   ·   1 hour ago