Multiple choice

Which one of the following comes under Specific Rate of Duty?

  1. Wood products

  2. Plastic products

  3. Cement

  4. Chemicals
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

It is cement. On cement, the excise duty is levied at the rate of per tonne, i.e. according to weight. Hence, excise duty is charged according to the weight of cement, which comes under specific rate of duty.

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