Question

Goods meant for export are subjected to payment of various excise and custom duties.

• A. True
• B. False

Answer 1

The correct option is B False

The goods that are meant for export are not subjected to payment of various excise and custom duties as per the export excise duty exemption. Since goods meant for exports are not consumed domestically, these are not subjected to payment of various excise and customs duties. Any such duties paid on export goods are, therefore, refunded to exporters on production