Question : Duties levied on goods produced within the country are_____.

Option 1: anti-dumping taxes

Option 2: excise taxes

Option 3: custom duties

Option 4: wealth taxes


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: excise taxes


Solution : The correct option is excise taxes .

Duties levied on goods produced within the country are typically referred to as Excise taxes. Excise taxes are taxes that are levied on specific goods or services at the time of production, sale, or consumption. These taxes are often applied to items considered non-essential or harmful to public health and aim to discourage the use or consumption of those items.

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