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Tuesday, 27 October 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:
Excise duty is a tax imposed on certain goods produced within a country. It is different from customs duties, which are generally associated with goods entering or leaving the country.

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