Indian-Economy
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Q.

An excise or excise tax is an inland tax on:

 A.

export of goods

 B.

production of goods

 C.

sale of goods

 D.

Import of goods

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Solution:
Option(B) is correct

An excise or excise tax (sometimes called a special excise duty) is an inland tax on the sale, or production for sale, of specific goods or a tax on a good produced for sale, or sold, within a country or licenses for specific activities.

Excises are distinguished from customs duties, which are taxes on importation


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