The duty payable on goods produced locally is?

A. export duty
B. excise duty
C. import duty
D. ad Valorem duty

Correct Answer: Option B

B. excise duty

Explanation

An excise or excise tax is any duty on manufactured goods which is levied at the moment of manufacture, rather than at sale. excise is levied on goods which are produced or came into existence inland (produced in the country)