1. Customs duty |
2. Central excise duty |
3. Incorporate duty |
A) 1 only
B) 2 only
C) 3 only
D) 2 and 3
Correct Answer: A
Solution :
Customs duty is the tax imposed on commodities imported into India (import duty) or those exported from India (export duty). Since imposing duties on exports reduced the competitive position of the country, the government withdrew export dutiesYou need to login to perform this action.
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