5
Q:
A) Export of goods | B) Import of goods |
C) sale of goods | D) Production of goods |
Answer: D) Production of goods
Explanation:
Explanation:
An excise or excise tax or excise duty is a type of tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country). It is a tax on the production of a good. This tax is now known as the Central Value Added Tax (CENVAT).