Multiple choice

Which of the following is a border tax?

  1. Excise Duty

  2. Custom Duty

  3. Value Added Tax

  4. Estate Duty
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

It is a border tax. The custom duty is a tax charged on the goods imported from the foreign countries and the goods exported to foreign countries. As in this the goods cross the border of two countries, it is a border tax.

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