Excise duty is a tax levied on the - Study24x7
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22 Aug 2022 10:42 AM study24x7 study24x7

Excise duty is a tax levied on the

A

import of goods

B

export of goods

C

production of goods

D

sale of goods

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  • Harshit

  • A sort of tax levied on products made in the nation is an excise or excise tax (sometimes known as an excise duty) (as opposed to customs duties, charged on goods from outside the country). It is a tax imposed on the making or selling of a good. The Central Value Added Tax is the name given to this tax today (CENVAT).

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