wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Mr. Ram is a trader. He trades textiles. Does Mr.Ram need an excise clearance?


A

Yes

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

No

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is B

No


No. Mr.Ram is a trader so he doesn't have to pay. Well, excise is paid on the manufacturing of goods and Mr.ram is a trader and not a manufacturer.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Export Import Procedure
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon