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The collection of import duty is a function of the

Commerce
WAEC 2021

The collection of import duty is a function of the

  • A. ports authority
  • B. marketing boards
  • C. clearing and forwarding agents
  • D. customs and excise authority
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Correct Answer: Option D
Explanation

The customs and excise authority are saddled with the responsibility of collecting customs duties (i.e. import duties and export duties) and excise duties.

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WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC offline past questions - with all answers and explanations in one app - Download for free