The duties paid on goods produced locally is

The duties paid on goods produced locally is

  • A.
    Ad-valorem duty
  • B.
    excise duty
  • C.
    export duty
  • D.
    quota
Correct Answer: Option B
Explanation

An excise duty is a type of tax charged on goods produced within the country

excise duty is a percentage levied on manufacture, sale, or use of locally produced goods

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