A refund of the duty collected on goods imported into a country which are later...

COMMERCE
WAEC 2008

A refund of the duty collected on goods imported into a country which are later re-exported is called

  • A. excise duty
  • B. ad valorem tax
  • C. customs drawback
  • D. demurrage

Correct Answer: C. customs drawback



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.