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Tuesday, 21 April 2026
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The duties paid on goods produced locally is

The duties paid on goods produced locally is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Ad-valorem duty
  • B Excise duty
  • C Export duty
  • D Quota
Correct Answer: Option B
Explanation:
An excise duty is a type of tax charged on goods produced within the country
excise duty is a percentage levied on manufacture, sale, or use of locally produced goods

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