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Duty drawback refers to dutiespaid on?

Duty drawback refers to duties paid on?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Exported goods produced with local content
  • B Re-exported goods previously imported
  • C Imported goods for sale locally
  • D Locally manufactured goods for sale locally
Correct Answer: Option B
Explanation:
Duty drawback: A refund that can be obtained when an import fee has already been paid for a good, but the good is then subsequently exported.

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