A. import duty
B. excise duty
C. company tax
D. value-added tax
Correct Answer:
Option B – excise duty
Explanation
A tax percentage levied on manufactured, sale, or use of locally produced goods (such as alcoholic drinks or tobacco products).
Do you want to study Agricultural Extension in OOU? Before you apply for the OOU…
Do you want to study Agricultural Economics in OOU? Before you apply for the OOU…
Do you want to study Cooperative and Business Management in OOU? Before you apply for…
Do you want to study Home and Hotel Management in OOU? Before you apply for…
Do you want to study Animal Production in OOU? Before you apply for the OOU…
Do you want to study Crop Production in OOU? Before you apply for the OOU…