The tax imposed on good manufacture within a country is

Assessment: WAEC SSCE - Economics - 2009 (Objective) Subject: Economics

Question 1 Report

The tax imposed on good manufacture within a country is
Answer Details
The tax imposed on good manufacture within a country is an excise tax. An excise tax is a tax that is levied on specific goods produced or sold within a country. The tax is typically included in the price of the goods and is paid by the manufacturer or seller of the goods. The purpose of an excise tax is to raise revenue for the government, while also discouraging the production or consumption of certain goods that are considered harmful or undesirable. Examples of goods that are subject to excise taxes include alcohol, tobacco, gasoline, and firearms.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning