Answered

Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Join our platform to connect with experts ready to provide precise answers to your questions in different areas. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

How are excise taxes and customs duties similar? How are they different?

Sagot :

delmaghan
Excise Duty is the tax levy charged by Govt. on the goods produced within the territory While Custom Duty is the tax levy charged by Govt. on the goods produced outside the country territory.Customs duties are basically excise taxes on imports.
We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.