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JAMB Commerce 2023 Objective — Question 26

Question 26 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2023 Objective paper, with the correct answer and a full explanation.

Excise duty is the tax paid on A.

A. imported goods.
B. exported goods.Correct
C. local goods.
D. none of the above.

Explanation

Excise duty is the duty levied on goods destined for exports.

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