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Q: Excise duty is a tax levied on the

  • 1
    Export of goods
  • 2
    Import of goods
  • 3
    sale of goods
  • 4
    Production of goods
  • Show Answer
  • Workspace

Answer : 4. "Production of goods"
Explanation :

Answer: D) Production of goods Explanation: An excise or excise tax or excise duty is a type of tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country). It is a tax on the production of a good. This tax is now known as the Central Value Added Tax (CENVAT).

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